NKT Holding Interim Report Q3 2012

NASDAQ OMX Copenhagen
Nikolaj Plads 6
DK-1007 Copenhagen K

8 November 2012
Release No. 20

Please find attached the NKT Holding Interim Report for Q3 2012.

NKT’s revenue fell by 2% in Q3, while operational EBITDA rose by 12%. Development in revenue is influenced by continuing positive growth in the Electricity Infrastructure area, while a cyclically related slowdown in growth was seen for Nilfisk-Advance which, however, continued to maintain satisfactory earnings.

Revenue was 3,816 mDKK in Q3, corresponding to an organic growth of -2% compared with Q3 2011.

A revenue of 11,251 mDKK was realised in the first nine months, corresponding to an organic growth of -3%.

Operational EBITDA increased to 251 mDKK in Q3, a rise of 12% compared with Q3 2011.This was principally driven by an increase in gross profit in Electricity Infrastructure at NKT Cables. In the same period in 2011 production in this segment was being reorganised and was significantly below the current level.

Operational EBITDA rose 17% in the first nine months of 2012, a rise of 104 mDKK, of which 78 mDKK related to NKT Cables and 21 mDKK related to Nilfisk-Advance.

Operational EBITDA margin in Q3 calculated in standard metal prices was 8.3% (Q3 2011: 7.4%).

Please refer to page 1 and 5 in the Interim Report for the outlook for 2012.

Please direct any questions to the signer on telephone +45 4348 2000.

Yours faithfully
NKT Holding A/S
Thomas Hofman-Bang
President and CEO
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NKT Holding A/S is one of Denmark's major industrial groups with 9,100 employees at 31 December 2011 and a turnover in 2011 of 15.6 bnDKK. The group consists of NKT Cables (the energy sector), Nilfisk-Advance (the cleaning industry) and Photonics Group (the optical industry). Read more at www.nkt.dk.