Strategic steersmenPublished 25.01.2006
Upgrade to Next Level
At the start of 2006 the NKT Group employed around 6000 people. Led by their respective management teams they all have an individual part to play in helping to achieve NKT's growth strategy, Upgrade to Next Level, which now enters its third year.
When NKT publishes its 2005 Annual Report on 9 March 2006, the interest will centre on whether the profits match the predictions - and also on what NKT writes about its future.
After six years at the NKT Group's financial helm, Thomas Hofman-Bang has now been made “captain of the ship” - NKT's chief executive. He is fully aware of the impact of the financial forecasts and strategy statements made by the Group management because they are naturally reflected in the company's share price.
"This means we have to be extraordinarily careful about our forecasts, and although the Annual Report contains only a few lines about our expectations for the coming year, they are nevertheless the product of much hard thinking," says Thomas Hofman-Bang.