NKT Flexibles - groundbreaking agreement with Brazil's largest oil company
5 May 2008 10:01 |
Inside Information
OMX Den Nordiske Børs, København5 May 2008Announcement no. 16NKT Flexibles - groundbreaking agreement with Brazil's largest oil companyPetroleo Brasileiro SA (Petrobras) and NKT Flexibles have signed a three-yearframework agreement covering the supply of offshore pipes in the period2009-2011. Fully exercised, the contract may reach a value of 1.4 bnDKK. A press release from NKT Flexibles is attached containing further details ofthe agreement signed. Financial aspectsWe can also inform you that NKT Flexibles' combined portfolio of orders,declarations of intent and framework agreements covering supplies in the period2008-2011 hereafter comprises 2.9 bnDKK. Further informationPlease address any questions to this announcement to the undersigned on tel.no. +45 4348 2000. Yours faithfullyNKT Holding A/SThomas Hofman-BangPresident and CEO Encl.: Press release from NKT Flexibles