Q3 2011

NKT's revenue development for 3rd quarter 2011 was in line with expectations. Earnings increased by 15%, positively influenced by satisfactory results for both Nilfisk-Advance and NKT Flexibles.
For nkt cables, the factory in Cologne showed improved productivity but continued to impact earnings negatively. The net interest bearing debt decreased by 169 mDKK, corresponding to 5.0x the last 12 months' operational EBITDA