NKT Annual Report 2009
2 Mar 2010 08:07 |
Annual financial report
NASDAQ OMX Copenhagen Nikolaj Plads 6 DK-1007 Copenhagen K 2 March 2010Release #4The Board of Directors of NKT Holding has today approved the NKT Annual Reportfor 2009. For 2009, NKT realized revenue of 11.7 bnDKK corresponding to organic growth of-10% and operational EBITDA was 935 mDKK. The Group's results were therefore inaccordance with the last earnings forecast, which was upward revised January12th 2010. The Group's operational EBITDA equates to an EBITDA margin of 9.4% comparedwith 11.6% for 2008. At the annual general meeting on 25 March 2010 the Board of Directors willpropose the payment of a dividend for 2009 of 3.50 DKK per share, correspondingto 83 mDKK and 35% of net profit for the year after tax. For 2010 NKT expects rise in organic revenue growth of 6-10%. Planned earnings(EBITDA) for 2010 are around 1 bnDKK, excluding approx. costs of 75 mDKKrelating to structural initiatives. The Annual Report has been released via NASDAQ OMX Copenhagen and is availableon the NKT website, www.nkt.dk. Further informationPlease direct any questions to the signer on telephone +45 4348 2000. Yours faithfully NKT Holding A/S Thomas Hofman-BangPresident and CEO