NKT A/S (NRKBY) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to NKT financial presentation for the first quarter of 2026. For the first part of this call, all participants will be in a listen-only mode. Afterwards, there will be a question and answer session. To ask a question, please press five star on your telephone keypad. I will now hand the call to your speaker. President and CEO Claes Westerlund and CSO Michael Young. Please begin. Good morning and welcome to this conference call following the release of our interim report for the first quarter of 2026. I'm Claes Westerlund, the CEO, and for today's call I'm happy to be joined by our new CFO Michael Young. As usual, I will begin by taking you through the key developments in the quarter, focusing on the main messages, the operational performance, commercial highlights and the market dynamics. I will then hand over to Michael for a deeper look into the financials. We will conclude with the outlook and open the line for questions. As you are aware, 2.1.2026 is the first quarter where we present and comment on the business in our new business line structure, transmission, grid solutions and accessories, and distribution, which became effective from 1st of January this year to support our charging forward strategy. With that, please turn to slide 3. Before we begin, I'd like to highlight that today's presentation and related comments, including forward-looking statements, These statements are subject to risks and uncertainties, many of which are beyond NKP's control, and actual results may therefore differ from expectations. I will ask all of you to read this disclaimer carefully. Now let's move to the key messages for the quarter on slide four. Q1, 2026 was a solid start to the year with a combination of record order backlog, a record first quarter result, continued ...