Q1 2020 trading statement and update of 2020 financial outlook
Company Announcement5 May 2020
Announcement No. 6
Q1 2020 trading statement and update of 2020 financial outlookIn connection with today’s announcement of the high-voltage order award for the SuedOstLink project and following the coronavirus outbreak, NKT Group provides a trading statement on the current business performance with preliminary financial highlights for Q1 2020.Trading statement
So far, the coronavirus pandemic had limited impact on the financial and operational performance of the power cables business, NKT, while NKT Photonics has been negatively impacted.