#Sweden #Investor Day #Karlskrona #NKT #Charging Forward

NKT’s Strategic Roadmap Unveiled at Investor Day 2026

On September 29, 2026, NKT, a leading provider of power cable systems, held its much-anticipated Investor Day 2026 in Karlskrona, Sweden. This event provided a comprehensive overview of NKT’s progress with its Charging Forward strategy, which was initially launched in 2025. The main agenda was to highlight the company's commitment to achieving long-term value creation through structured capital allocation priorities and effective execution of its business plan.

At the heart of NKT's strategy lies its ambition to bolster its position as a dominant player in the power cable market, not just in Europe, but globally. Presenting at the event, Claes Westerlind, President and CEO of NKT, underscored the importance of an electrified society, emphasizing the robust demand for sustainable power solutions. He stated, "The fundamentals supporting the electrification of societies remain strong. NKT is in a prime position to leverage its unique market position as a pure-play power cable systems provider."

Key Highlights of the Investor Day

During the Investor Day presentation, NKT elaborated on several crucial elements central to executing its Charging Forward strategy:

1. Strategic Pillars: NKT is committed to three fundamental pillars - Execute, Excel, and Evolve. These principles govern the company’s decision-making processes and project implementations to ensure long-lasting profitability and growth.

2. Financial Health and Cash Generation: NKT is optimistic about increasing its cash generation capabilities in the upcoming years. The operational momentum derived from a robust order backlog is expected to drive the financial performance, which is instrumental in fulfilling its strategic objectives related to investment and growth.

3. Expansion in Karlskrona: A major highlight was the update on NKT's ongoing expansion efforts in Karlskrona, which will establish it as the world's largest offshore power cable factory. According to recent projections, commercial operations are set to commence in Q2 2027, slightly ahead of the initial timeline. This expansion will play a critical role in NKT’s ability to compete effectively in the offshore segment and service its growing backlog of transmission orders.

Capital Allocation Priorities

NKT also unveiled its capital allocation priorities, aimed at balancing growth investments and maintaining financial robustness:

• - A commitment to a strong balance sheet with specific leverage targets to ensure net interest-bearing debt remains below operational EBITDA.
• - Allocate capital to initiatives that drive organic growth and strategically aligned acquisitions that enhance value.
• - Maintain a dividend policy that distributes a minimum of 20% of adjusted net profit to shareholders, while striving for a stable dividend per share.
• - Reinvest excess cash back to shareholders through share buybacks or special dividends where applicable.

These priorities reflect NKT's dedication to not only sustaining but augmenting its operational effectiveness while ensuring shareholder returns.

Conclusion

As NKT embarks on this ambitious strategic framework, the company remains focused on executing its Charging Forward initiative that emphasizes sustainable competitiveness and value creation. The Investor Day 2026 served as a platform to reaffirm its commitment to exceeding the expectations built around its medium-term growth ambitions, ultimately positioning NKT for future success in the energy sector. This focused approach promises to enhance both company performance and shareholder satisfaction in the years to come.