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News Article | April 17, 2017
Site: www.spie.org

Nonlinear light-matter interactions open up new possibilities for intense light generation, particularly at wavelengths that cannot be accessed using today's lasers. Supercontinuum generation within highly nonlinear fibers represents one approach to achieving such interactions. This method is particularly effective when such fibers are pumped at wavelengths that fall within the domain of anomalous fiber dispersion. Within this domain, high power pulses can be converted into a series of temporally self-maintaining states called solitons. Solitons can efficiently transfer energy to lower frequencies (i.e., by stimulated Raman scattering) or to higher frequencies (i.e., by the generation of so-called dispersive waves that are temporally phase-matched with the solitons). Exploitation of this phenomenon over the last two decades has led to the development of a vast number of light sources featuring multi-octave bandwidths and high brightness. A greater physical understanding of multi-octave broadening, as well as advances in fiber manufacturing, have resulted in the development of sources with ever-decreasing pump energies. This has given rise to the commercialization of supercontinuum light sources based on silica photonic-crystal fibers (e.g., those developed by NKT Photonics and Toptica Photonics). Although some success has already been achieved using this approach, the application of fused silica for nonlinear light generation is limited by its relatively weak nonlinearity (2.8×10−20 m2/W), narrow transmission window (0.4–2.2μm), and restricted tunability. Today, emerging applications within the biophotonics and semiconductor industries have driven the demand for light sources that can access new spectral windows, particularly in the UV and IR regimes. This demand has triggered the search for novel, highly nonlinear core materials (i.e., that enable low-power supercontinuum generation in fibers, and even on chip-based platforms), which continues today. Current research in this area is dominated by soft glasses (e.g., chalcogenides,1, 2 tellurites,3 and fluorites4). Although soft glasses provide a number of benefits that are inherent to silica (e.g., large nonlinearities, less absorption in the mid-IR, and functional compositions), the optical properties of the fibers are static and generally fixed after fabrication. Only a few case studies show external modulation of the waveguiding properties (i.e., using electro- or magneto-optics).5 Additionally, some soft glasses contain toxic materials, thereby precluding their use in biological applications. To meet the demand for new materials that can overcome these limitations, we investigated the potential of silver metaphosphate glass (AgPO ) to operate as a linear and nonlinear fiber core material: see Figure 1(a). Because of its good transmission from visible to near-IR (NIR) wavelengths and its flexible glass structure, this material offers an interesting alternative to those mentioned above.7 Recent studies have demonstrated that AgPO exhibits a number of exceptional features, including good solubility of rare earth dopants and the ability to form plasmonic nanoparticles after external treatment.8 Its use therefore enables the optical properties of the waveguide to be tuned (i.e., the group velocity dispersion, GVD) and nonlinear enhancement to be introduced after fabrication, via post-processing. This feature is particularly useful for active (lasing) and passive (nonlinear) light-generation schemes. Our dispersion analysis of circular step-index geometries reveals the potential of hybrid AgPO /silica fiber for supercontinuum light generation. This arises as a result of the special GVD of the hybrid waveguide, which has two zero-dispersion wavelengths (ZDWs). Optical solitons are able to form in this regime, and can transfer energy to two phase-matched dispersive waves (one in each normal dispersion regime next to the pump) in either the visible or IR regimes.9 In general, the spectral locations of dispersive waves are highly sensitive to changes of the effective refractive index of the core mode and can eventually be tuned by temperature, structural changes to the glass, or before fabrication (i.e., by adjusting the core diameter of the fiber design). The graphs in Figure 1(b) show that there is a gradual variation of the GVD across core diameters between 1.4 and 2.6μm, where the ZDW can be brought close to prominent laser lines (i.e., ytterbium, erbium, and thulium). Other formerly successful fiber systems, such as chalcogenide/silica fibers or silica tapers, require submicron core diameters to access these laser lines—see Figure 1(b)—which makes handling and optical coupling challenging. To demonstrate the nonlinear capabilities of our design, we have shown that a hybrid AgPO /silica fiber can serve as a supercontinuum light source spanning more than one-and-a-half octaves in the NIR for sub-μJ pumping energies.6 In our design, two ZDWs delimit an anomalous dispersion regime within a small spectral interval at around 1.56μm. Pumping at this wavelength, with a pulse width of 30fs, results in the generation of two phase-matched dispersive waves in the visible and NIR, respectively (see Figure 2). Liquid-core optical fibers (LiCOFs) are another promising platform for tunable nonlinear light sources. In contrast, gas-filled fibers—known to provide reconfigurabilty and tunability via changing pressure—require large pulse energies and sophisticated anti-resonant fiber designs. LiCOFs promise similar tuning capabilities, as a result of large thermo-optical coefficients and miscibility of the core material, but can operate at much lower pulse energies and with transmission windows from visible to mid-IR. Additionally, due to their strong noninstantaneous nonlinearities, LiCOFs promise new physical phenomena, such as enhanced dispersive wave generation, enhanced coherence properties, and new soliton dynamics.10 We have recently demonstrated soliton-based supercontinuum generation in carbon-disulfide (CS )-filled silica capillaries pumped with a state-of-the-art thulium-based fiber amplifier system (operating at a wavelength of 1.95μm with a pulse width of 460fs).11 We observed soliton fission for input pulse energies higher than 3nJ and the generation of a strong dispersive wave at 1.2μm, where the phase-matching condition agreed well with the longest spectral wavelength (i.e., the soliton wavelength at 2.4μm). In summary, our investigations into the linear and nonlinear properties of novel hybrid fiber systems open new perspectives in relation to the flexibility and capability of optical-light generation in optical fibers. We have developed two such fiber systems that are compatible with biophotonic applications and optofluidic chip designs. These applications represent two significant motivations that drive our research. It is our aim to create new light-tunable sources at hard-to-access wavelengths. Our future experiments will focus on the use of alternate core materials, detuning the fiber properties by temperature, and novel non-instantaneous soliton interactions. We hope that this work will reveal the potential of hybrid-fiber systems as a platform for efficient and wavelength-selective nonlinear light generation. The authors acknowledge funding from the Deutsche Forschungsgemeinschaft, via grants SCHM 2655/2-1 and SCHM 2655/3-1.


News Article | May 17, 2017
Site: globenewswire.com

Due to the intended split of NKT A/S, Nilfisk is considered as discontinued operations and therefore a separate Q1 2017 Interim Report is issued (enclosed in this announcement). Group Executive Director Michael Hedegaard Lyng states: - Q1 2017 was eventful with completion of the acquisition of ABB HV Cables to create one of the leading high-voltage power cables companies in the world. We were satisfied with the first months of ownership and the integration process is on track. The Q1 2017 financial development of NKT was as expected, with a satisfactory increase in revenue and operational EBITDA. In Q1 2017, Nilfisk also performed well, with solid organic growth and a positive margin development. Finally, the intended split of NKT A/S into two separately listed entities is still expected to take place in 2nd half 2017.             2017 outlook reconfirmed The NKT 2017 financial outlook comprises separate guidance for each business unit and the guidance provided 11 April 2017 is confirmed, cf. Company Announcement No. 8 and Q1 2017 Interim Report page 3. NKT (formerly NKT Cables): Milestone achieved with the completion of ABB HV Cables acquisition. Operational EBITDA margin increased to 9.6% In Q1 2017, NKT increased revenue by EUR 22m to EUR 185.2m (std. metal prices) driven by the acquired ABB HV Cables activities. Organic growth of -8% reflects timing of revenue. The development in the high-voltage offshore business was satisfactory with solid execution of various projects. Operational EBITDA was EUR 17.8m, up EUR 5.7m from Q1 2016 driven by the acquired activities, as well as positive development in the remaining part of the business. NKT Photonics: All-time high sales pipeline and financial performance as expected In Q1 2017, NKT Photonics recorded revenue of EUR 7.5m, up from EUR 7.2m in Q1 2016. Organic growth was -18% due to quarterly fluctuations in revenue. Return to positive organic growth is expected in both Q2 and 1st half 2017. EBITDA amounted to EUR -2.1m due to an increased cost base and number of employees. The sales pipeline reached an all-time high level. Nilfisk: Solid organic growth and improved margins. Continued roll-out of Accelerate+ strategy Nilfisk reported organic growth of 5% in Q1 2017 driven by the Americas and EMEA. EBITDA before special items increased to EUR 35.1m from EUR 27.2m in Q1 2016, equivalent to a margin improvement of 2.3%-points due to better gross margin and a decreased overhead cost ratio. Roll out of the Accelerate+ strategy continued, positively impacting the cost base. Nilfisk’s new CEO Hans Henrik Lund is still expected to join the company no later than August 2017. Teleconference NKT hosts a teleconference for investors and financial analysts at 10:00 am CET today, and it can be accessed at www.nkt.dk. The presentation for the call will be available shortly after this release. To attend, please dial in from:  Denmark: +45 3271 1664 UK: +44 (0) 20 3427 1930 US: +1 646 254 3376


News Article | May 17, 2017
Site: globenewswire.com

Due to the intended split of NKT A/S, Nilfisk is considered as discontinued operations and therefore a separate Q1 2017 Interim Report is issued (enclosed in this announcement). Group Executive Director Michael Hedegaard Lyng states: - Q1 2017 was eventful with completion of the acquisition of ABB HV Cables to create one of the leading high-voltage power cables companies in the world. We were satisfied with the first months of ownership and the integration process is on track. The Q1 2017 financial development of NKT was as expected, with a satisfactory increase in revenue and operational EBITDA. In Q1 2017, Nilfisk also performed well, with solid organic growth and a positive margin development. Finally, the intended split of NKT A/S into two separately listed entities is still expected to take place in 2nd half 2017.             2017 outlook reconfirmed The NKT 2017 financial outlook comprises separate guidance for each business unit and the guidance provided 11 April 2017 is confirmed, cf. Company Announcement No. 8 and Q1 2017 Interim Report page 3. NKT (formerly NKT Cables): Milestone achieved with the completion of ABB HV Cables acquisition. Operational EBITDA margin increased to 9.6% In Q1 2017, NKT increased revenue by EUR 22m to EUR 185.2m (std. metal prices) driven by the acquired ABB HV Cables activities. Organic growth of -8% reflects timing of revenue. The development in the high-voltage offshore business was satisfactory with solid execution of various projects. Operational EBITDA was EUR 17.8m, up EUR 5.7m from Q1 2016 driven by the acquired activities, as well as positive development in the remaining part of the business. NKT Photonics: All-time high sales pipeline and financial performance as expected In Q1 2017, NKT Photonics recorded revenue of EUR 7.5m, up from EUR 7.2m in Q1 2016. Organic growth was -18% due to quarterly fluctuations in revenue. Return to positive organic growth is expected in both Q2 and 1st half 2017. EBITDA amounted to EUR -2.1m due to an increased cost base and number of employees. The sales pipeline reached an all-time high level. Nilfisk: Solid organic growth and improved margins. Continued roll-out of Accelerate+ strategy Nilfisk reported organic growth of 5% in Q1 2017 driven by the Americas and EMEA. EBITDA before special items increased to EUR 35.1m from EUR 27.2m in Q1 2016, equivalent to a margin improvement of 2.3%-points due to better gross margin and a decreased overhead cost ratio. Roll out of the Accelerate+ strategy continued, positively impacting the cost base. Nilfisk’s new CEO Hans Henrik Lund is still expected to join the company no later than August 2017. Teleconference NKT hosts a teleconference for investors and financial analysts at 10:00 am CET today, and it can be accessed at www.nkt.dk. The presentation for the call will be available shortly after this release. To attend, please dial in from:  Denmark: +45 3271 1664 UK: +44 (0) 20 3427 1930 US: +1 646 254 3376


News Article | April 21, 2017
Site: globenewswire.com

The Annual General Meeting of NKT Holding A/S was held on Friday 21 April 2017, cf. announcement No. 6 dated 28 March 2017. The Annual General Meeting approved the following: Annual Report 2016 containing the annual and consolidated accounts, the statements of the Management and Board of Directors, the auditor’s report, and reviews for the year including the Board of Director’s proposal for a transfer of the year’s profits to retained comprehensive income. Discharge of the Board of Directors and the Executive Management Board from their liabilities. The Board of Director’s proposal for remuneration to the Board of Directors for 2017 of DKK 900,000 to the Chairman, DKK 600,000 to the Deputy Chairman and DKK 300,000 to each of the other members. The Board of Director’s proposal for remuneration to the Chairman of the Audit Committee of DKK 200,000, and DKK 100,000 to the other member. The Board of Director’s proposal for remuneration to the Chairmen of the Remuneration Committee and Nomination Committee of DKK 100,000 each and DKK 50,000 to the other member of each committee. The Board of Director’s proposal for remuneration to the Chairman of the working committee in Nilfisk and NKT Cables of DKK 200,000, and DKK 100,000 to the other member of each committee. The Board of Director’s proposal for remuneration to the Chairman of the working committee in NKT Photonics of DKK 150,000 and DKK 75,000 to the other member of the committee. Jens Due Olsen, Anders Runevad, Jens Maaløe, Jutta af Rosenborg, Anders Runevad, Lars Sandahl Sørensen and René Svendsen-Tune were all re-elected as members of the Board of Directors. Deloitte Statsautoriseret Revisionspartnerselskab was re-elected as sole auditor of the Company. The following authorisation to the Board of Directors was adopted: The following amendments to the Articles of Association of the Company were adopted: Change of name from NKT Holding A/S to NKT A/S. NKT Holding A/S was inserted as secondary name. Articles 1.1, 1.2 and 3.B I - 3.B III will be amended accordingly. New article concerning language at General Meetings shall be Danish or English without any simultaneous interpretation and all documents prepared for use by the General Meeting at or after the General Meeting shall be in Danish or English -  will be inserted as article 7.5. New article concerning minutes of General Meetings and the availability and announcement of minutes and voting results - will be inserted as article 7.7. Amendment to the article concerning adoption of proposals at the General Meeting - article 8 will be amended accordingly. New article concerning corporate language - will be inserted as article 12.4 Additional wording of the article concerning the power to bind the company. The wording “or by the entire Board of Directors” will be added at the end of the first paragraph of article 13 New article concerning electronic communication - will be inserted as article 14 - 14.1 in new chapter V. For the period until 20 April 2022 the Board of Directors is authorised to increase the capital by issuing shares of a total maximum amount of DKK 200,000,000 -  wording of the full and adopted proposal will be inserted as articles 3.A.5 - 3.A.8 Modifications of the Articles of Association according to amended legislation, deletion of expired provisions and amendments accordingly, cf. proposals 9.c (i)- (xiii) and (xx) - (xxi). Proposal from the Board of Directors to make certain changes to the Remuneration Policy applying in NKT A/S was adopted. At a meeting of the Board of Directors held after the Annual General Meeting, Jens Due Olsen was elected Chairman of the Board of Directors and René Svendsen-Tune was elected Deputy Chairman. The Chairman’s report is available at www.nkt.dk


News Article | April 21, 2017
Site: globenewswire.com

The Annual General Meeting of NKT Holding A/S was held on Friday 21 April 2017, cf. announcement No. 6 dated 28 March 2017. The Annual General Meeting approved the following: Annual Report 2016 containing the annual and consolidated accounts, the statements of the Management and Board of Directors, the auditor’s report, and reviews for the year including the Board of Director’s proposal for a transfer of the year’s profits to retained comprehensive income. Discharge of the Board of Directors and the Executive Management Board from their liabilities. The Board of Director’s proposal for remuneration to the Board of Directors for 2017 of DKK 900,000 to the Chairman, DKK 600,000 to the Deputy Chairman and DKK 300,000 to each of the other members. The Board of Director’s proposal for remuneration to the Chairman of the Audit Committee of DKK 200,000, and DKK 100,000 to the other member. The Board of Director’s proposal for remuneration to the Chairmen of the Remuneration Committee and Nomination Committee of DKK 100,000 each and DKK 50,000 to the other member of each committee. The Board of Director’s proposal for remuneration to the Chairman of the working committee in Nilfisk and NKT Cables of DKK 200,000, and DKK 100,000 to the other member of each committee. The Board of Director’s proposal for remuneration to the Chairman of the working committee in NKT Photonics of DKK 150,000 and DKK 75,000 to the other member of the committee. Jens Due Olsen, Anders Runevad, Jens Maaløe, Jutta af Rosenborg, Anders Runevad, Lars Sandahl Sørensen and René Svendsen-Tune were all re-elected as members of the Board of Directors. Deloitte Statsautoriseret Revisionspartnerselskab was re-elected as sole auditor of the Company. The following authorisation to the Board of Directors was adopted: The following amendments to the Articles of Association of the Company were adopted: Change of name from NKT Holding A/S to NKT A/S. NKT Holding A/S was inserted as secondary name. Articles 1.1, 1.2 and 3.B I - 3.B III will be amended accordingly. New article concerning language at General Meetings shall be Danish or English without any simultaneous interpretation and all documents prepared for use by the General Meeting at or after the General Meeting shall be in Danish or English -  will be inserted as article 7.5. New article concerning minutes of General Meetings and the availability and announcement of minutes and voting results - will be inserted as article 7.7. Amendment to the article concerning adoption of proposals at the General Meeting - article 8 will be amended accordingly. New article concerning corporate language - will be inserted as article 12.4 Additional wording of the article concerning the power to bind the company. The wording “or by the entire Board of Directors” will be added at the end of the first paragraph of article 13 New article concerning electronic communication - will be inserted as article 14 - 14.1 in new chapter V. For the period until 20 April 2022 the Board of Directors is authorised to increase the capital by issuing shares of a total maximum amount of DKK 200,000,000 -  wording of the full and adopted proposal will be inserted as articles 3.A.5 - 3.A.8 Modifications of the Articles of Association according to amended legislation, deletion of expired provisions and amendments accordingly, cf. proposals 9.c (i)- (xiii) and (xx) - (xxi). Proposal from the Board of Directors to make certain changes to the Remuneration Policy applying in NKT A/S was adopted. At a meeting of the Board of Directors held after the Annual General Meeting, Jens Due Olsen was elected Chairman of the Board of Directors and René Svendsen-Tune was elected Deputy Chairman. The Chairman’s report is available at www.nkt.dk


News Article | April 21, 2017
Site: globenewswire.com

The Annual General Meeting of NKT Holding A/S was held on Friday 21 April 2017, cf. announcement No. 6 dated 28 March 2017. The Annual General Meeting approved the following: Annual Report 2016 containing the annual and consolidated accounts, the statements of the Management and Board of Directors, the auditor’s report, and reviews for the year including the Board of Director’s proposal for a transfer of the year’s profits to retained comprehensive income. Discharge of the Board of Directors and the Executive Management Board from their liabilities. The Board of Director’s proposal for remuneration to the Board of Directors for 2017 of DKK 900,000 to the Chairman, DKK 600,000 to the Deputy Chairman and DKK 300,000 to each of the other members. The Board of Director’s proposal for remuneration to the Chairman of the Audit Committee of DKK 200,000, and DKK 100,000 to the other member. The Board of Director’s proposal for remuneration to the Chairmen of the Remuneration Committee and Nomination Committee of DKK 100,000 each and DKK 50,000 to the other member of each committee. The Board of Director’s proposal for remuneration to the Chairman of the working committee in Nilfisk and NKT Cables of DKK 200,000, and DKK 100,000 to the other member of each committee. The Board of Director’s proposal for remuneration to the Chairman of the working committee in NKT Photonics of DKK 150,000 and DKK 75,000 to the other member of the committee. Jens Due Olsen, Anders Runevad, Jens Maaløe, Jutta af Rosenborg, Anders Runevad, Lars Sandahl Sørensen and René Svendsen-Tune were all re-elected as members of the Board of Directors. Deloitte Statsautoriseret Revisionspartnerselskab was re-elected as sole auditor of the Company. The following authorisation to the Board of Directors was adopted: The following amendments to the Articles of Association of the Company were adopted: Change of name from NKT Holding A/S to NKT A/S. NKT Holding A/S was inserted as secondary name. Articles 1.1, 1.2 and 3.B I - 3.B III will be amended accordingly. New article concerning language at General Meetings shall be Danish or English without any simultaneous interpretation and all documents prepared for use by the General Meeting at or after the General Meeting shall be in Danish or English -  will be inserted as article 7.5. New article concerning minutes of General Meetings and the availability and announcement of minutes and voting results - will be inserted as article 7.7. Amendment to the article concerning adoption of proposals at the General Meeting - article 8 will be amended accordingly. New article concerning corporate language - will be inserted as article 12.4 Additional wording of the article concerning the power to bind the company. The wording “or by the entire Board of Directors” will be added at the end of the first paragraph of article 13 New article concerning electronic communication - will be inserted as article 14 - 14.1 in new chapter V. For the period until 20 April 2022 the Board of Directors is authorised to increase the capital by issuing shares of a total maximum amount of DKK 200,000,000 -  wording of the full and adopted proposal will be inserted as articles 3.A.5 - 3.A.8 Modifications of the Articles of Association according to amended legislation, deletion of expired provisions and amendments accordingly, cf. proposals 9.c (i)- (xiii) and (xx) - (xxi). Proposal from the Board of Directors to make certain changes to the Remuneration Policy applying in NKT A/S was adopted. At a meeting of the Board of Directors held after the Annual General Meeting, Jens Due Olsen was elected Chairman of the Board of Directors and René Svendsen-Tune was elected Deputy Chairman. The Chairman’s report is available at www.nkt.dk


News Article | April 21, 2017
Site: globenewswire.com

The Annual General Meeting of NKT Holding A/S was held on Friday 21 April 2017, cf. announcement No. 6 dated 28 March 2017. The Annual General Meeting approved the following: Annual Report 2016 containing the annual and consolidated accounts, the statements of the Management and Board of Directors, the auditor’s report, and reviews for the year including the Board of Director’s proposal for a transfer of the year’s profits to retained comprehensive income. Discharge of the Board of Directors and the Executive Management Board from their liabilities. The Board of Director’s proposal for remuneration to the Board of Directors for 2017 of DKK 900,000 to the Chairman, DKK 600,000 to the Deputy Chairman and DKK 300,000 to each of the other members. The Board of Director’s proposal for remuneration to the Chairman of the Audit Committee of DKK 200,000, and DKK 100,000 to the other member. The Board of Director’s proposal for remuneration to the Chairmen of the Remuneration Committee and Nomination Committee of DKK 100,000 each and DKK 50,000 to the other member of each committee. The Board of Director’s proposal for remuneration to the Chairman of the working committee in Nilfisk and NKT Cables of DKK 200,000, and DKK 100,000 to the other member of each committee. The Board of Director’s proposal for remuneration to the Chairman of the working committee in NKT Photonics of DKK 150,000 and DKK 75,000 to the other member of the committee. Jens Due Olsen, Anders Runevad, Jens Maaløe, Jutta af Rosenborg, Anders Runevad, Lars Sandahl Sørensen and René Svendsen-Tune were all re-elected as members of the Board of Directors. Deloitte Statsautoriseret Revisionspartnerselskab was re-elected as sole auditor of the Company. The following authorisation to the Board of Directors was adopted: The following amendments to the Articles of Association of the Company were adopted: Change of name from NKT Holding A/S to NKT A/S. NKT Holding A/S was inserted as secondary name. Articles 1.1, 1.2 and 3.B I - 3.B III will be amended accordingly. New article concerning language at General Meetings shall be Danish or English without any simultaneous interpretation and all documents prepared for use by the General Meeting at or after the General Meeting shall be in Danish or English -  will be inserted as article 7.5. New article concerning minutes of General Meetings and the availability and announcement of minutes and voting results - will be inserted as article 7.7. Amendment to the article concerning adoption of proposals at the General Meeting - article 8 will be amended accordingly. New article concerning corporate language - will be inserted as article 12.4 Additional wording of the article concerning the power to bind the company. The wording “or by the entire Board of Directors” will be added at the end of the first paragraph of article 13 New article concerning electronic communication - will be inserted as article 14 - 14.1 in new chapter V. For the period until 20 April 2022 the Board of Directors is authorised to increase the capital by issuing shares of a total maximum amount of DKK 200,000,000 -  wording of the full and adopted proposal will be inserted as articles 3.A.5 - 3.A.8 Modifications of the Articles of Association according to amended legislation, deletion of expired provisions and amendments accordingly, cf. proposals 9.c (i)- (xiii) and (xx) - (xxi). Proposal from the Board of Directors to make certain changes to the Remuneration Policy applying in NKT A/S was adopted. At a meeting of the Board of Directors held after the Annual General Meeting, Jens Due Olsen was elected Chairman of the Board of Directors and René Svendsen-Tune was elected Deputy Chairman. The Chairman’s report is available at www.nkt.dk


News Article | May 17, 2017
Site: globenewswire.com

Due to the intended split of NKT A/S, Nilfisk is considered as discontinued operations and therefore a separate Q1 2017 Interim Report is issued (enclosed in this announcement). Group Executive Director Michael Hedegaard Lyng states: - Q1 2017 was eventful with completion of the acquisition of ABB HV Cables to create one of the leading high-voltage power cables companies in the world. We were satisfied with the first months of ownership and the integration process is on track. The Q1 2017 financial development of NKT was as expected, with a satisfactory increase in revenue and operational EBITDA. In Q1 2017, Nilfisk also performed well, with solid organic growth and a positive margin development. Finally, the intended split of NKT A/S into two separately listed entities is still expected to take place in 2nd half 2017.             2017 outlook reconfirmed The NKT 2017 financial outlook comprises separate guidance for each business unit and the guidance provided 11 April 2017 is confirmed, cf. Company Announcement No. 8 and Q1 2017 Interim Report page 3. NKT (formerly NKT Cables): Milestone achieved with the completion of ABB HV Cables acquisition. Operational EBITDA margin increased to 9.6% In Q1 2017, NKT increased revenue by EUR 22m to EUR 185.2m (std. metal prices) driven by the acquired ABB HV Cables activities. Organic growth of -8% reflects timing of revenue. The development in the high-voltage offshore business was satisfactory with solid execution of various projects. Operational EBITDA was EUR 17.8m, up EUR 5.7m from Q1 2016 driven by the acquired activities, as well as positive development in the remaining part of the business. NKT Photonics: All-time high sales pipeline and financial performance as expected In Q1 2017, NKT Photonics recorded revenue of EUR 7.5m, up from EUR 7.2m in Q1 2016. Organic growth was -18% due to quarterly fluctuations in revenue. Return to positive organic growth is expected in both Q2 and 1st half 2017. EBITDA amounted to EUR -2.1m due to an increased cost base and number of employees. The sales pipeline reached an all-time high level. Nilfisk: Solid organic growth and improved margins. Continued roll-out of Accelerate+ strategy Nilfisk reported organic growth of 5% in Q1 2017 driven by the Americas and EMEA. EBITDA before special items increased to EUR 35.1m from EUR 27.2m in Q1 2016, equivalent to a margin improvement of 2.3%-points due to better gross margin and a decreased overhead cost ratio. Roll out of the Accelerate+ strategy continued, positively impacting the cost base. Nilfisk’s new CEO Hans Henrik Lund is still expected to join the company no later than August 2017. Teleconference NKT hosts a teleconference for investors and financial analysts at 10:00 am CET today, and it can be accessed at www.nkt.dk. The presentation for the call will be available shortly after this release. To attend, please dial in from:  Denmark: +45 3271 1664 UK: +44 (0) 20 3427 1930 US: +1 646 254 3376


News Article | February 21, 2017
Site: globenewswire.com

Due to the intended split of NKT Holding, Nilfisk is considered as discontinued operations and therefore a separate 2016 Annual Report is issued (enclosed in this announcement). Group Executive Director Michael Hedegaard Lyng commenting on 2016 developments; - Our 2016 financial performance in all three businesses has been satisfactory and our operational EBITDA margins were slightly better than our guidance from third quarter 2016. In NKT Cables, the improved margin was driven by both our Projects and Products businesses. In NKT Photonics, the Sensing & Energy segment in particular contributed to the positive development whereas in Nilfisk, the key drivers were increased revenue and improved gross margins in both EMEA and the Americas. The NKT Cables guidance covers the current business. An updated outlook for the company, including the ABB HV Cables activities will be provided when closing of the transaction is completed, which is expected in Q1 2017. Expected one-off costs related to the transaction and integration will be specified. To support growth above market level, Nilfisk expects to continue deploying front-end investments. Resources are also allocated to create competitive advantages e.g. by further development of digital technologies. NKT Cables: Operational EBITDA margin improved to 9.7%. Acquisition of ABB HV Cables and focus on core business NKT Cables realised organic growth of -10%, based on flat development in Products offset by negative developments in the Projects and APAC businesses. Operational EBITDA margin (std. metal prices) improved by 0.7%-points from 2015, driven by both the Projects and Products businesses. The acquisition of ABB HV Cables represents a milestone in the transformation of NKT Cables - closing of the transaction is expected in Q1 2017. To further focus the business, three non-strategic business segments were divested. NKT Photonics: Operational EBITDA margin up by 5.1%-points. Major step towards commercialisation. Operational EBITDA margin increased to 14.7% driven by the Sensing & Energy segment, improved product margins and economies of scale. Organic growth was 7%. Acquisition of Fianium was a significant step towards NKT Photonics becoming a leading industrial player and also, major OEM frame contracts were signed. Nilfisk: 3% organic growth and EBITDA margin before special items up by 1%-points. Nilfisk recorded EBITDA margin before special items of 11%, driven by increased revenue and improved gross margin. Organic growth was 3%, based on 5% in EMEA, 3% in the Americas and -7% in APAC. The new organisational structure and business model to secure growth ambitions was implemented, and the related cost saving programme with an EUR 35m impact by 2019 was on track. Teleconference NKT will host a teleconference for investors and financial analysts at 10:00 am CET today, and it can be accessed at www.nkt.dk. The presentation for the call will be available shortly after this release. To attend, please dial in from:  Denmark: +45 3271 1660 UK: +44 (0) 20 7136 2055 US: +1 646 254 3365


Patent
Nkt Photonics As | Date: 2010-08-30

A method and a laser system for generating a pulsed laser signal with a laser signal wavelength and a laser signal repetition rate, the laser system includes a fiber laser unit includes a cladding pumped fiber laser includes a fiber laser light guiding region surrounded by a pump cladding, the fiber laser light guiding region includes at least one active element; at least one pump laser unit for launching a pump signal into the cladding pumped fiber laser, the pump signal unit includes at least one pump diode emitting a signal at a pump signal wavelength; and a modulating unit for modulating the pump signal into a plurality of pump pulses.

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