Nexans S.A./€NEX

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About Nexans S.A.

Nexans S.A. operates in the electrical and telecommunications cable manufacturing industry, providing vital infrastructure solutions across the globe. The company produces cables and cabling systems for various sectors, including power transmission, telecommunications, construction, and data centers, focusing on high voltage and submarine cables that support renewable energy initiatives. Founded in 2000, Nexans is headquartered in Paris, France, and operates through various subsidiaries worldwide, maintaining a robust international presence. Its strategic positioning is strengthened by its commitment to sustainability and innovation in energy transition and digital solutions.
Ticker
€NEX
Primary listing
PAR
Employees
25,700
Headquarters
Courbevoie, France

Nexans S.A. Metrics

BasicAdvanced
€5.8B
72.63
€1.83
0.94
€2.90
2.18%

Bulls say / Bears say

Nexans raised full-year 2026 adjusted EBITDA guidance to €770–840 million from €730–810 million, underlining management’s confidence in sustained electrification momentum and disciplined execution (Reuters(stockopedia.com)).
Acquisitions, notably Republic Wire, have bolstered Nexans’s North American footprint, establishing a compelling industrial and commercial platform in the U.S. low-voltage market (Reuters(stockopedia.com)).
J.P. Morgan upgraded Nexans to “overweight”, citing strong electrification demand and anticipated transmission margin improvement, forecasting 2028 adjusted EBITDA of €1.1 billion—6% above consensus (Reuters(stockopedia.com)).
Adverse mix effects in PWR-Connect and integration headwinds from La Triveneta Cavi caused H1 2026 adjusted EBITDA margin to slip to 11.9% of standard sales, down from 12.0% a year earlier (Reuters(stockopedia.com)).
PWR-Transmission organic growth reversed into negative territory in Q2 2026, declining 6.2% year-on-year, signalling normalization and segment headwinds after two years of elevated double-digit expansion (Investing.com(ca.investing.com)).
Pro forma net leverage rose to approximately 1.2x net debt to 2025 adjusted EBITDA following the €680 million Republic Wire acquisition, temporarily elevating financial leverage and refinancing risk before scheduled deleveraging by end-2028 (Reuters(itiger.com)).
Data summarised monthly by Lightyear AI. Last updated on 24 Aug 2026.

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