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Nexans SA (NEXS.PA)

NEXS.PA on Paris Stock Exchange

28.34EUR
14 Aug 2018
Change (% chg)

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€28.34
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273,074
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€58.98
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€27.04

Latest Key Developments (Source: Significant Developments)

Nexans H1 Operating Margin Down At EUR 82 ‍​Million
Thursday, 26 Jul 2018 

July 26 (Reuters) - Nexans SA ::H1 SALES AT CURRENT METAL PRICES EUR ‍​3.28 BILLION VERSUS EUR 3.21 BILLION YEAR AGO.H1 OPERATING MARGIN EUR 82 ‍​MILLION VERSUS EUR 140 MILLION YEAR AGO.H1 ATTRIBUTABLE NET INCOME EUR ‍​40 MILLION VERSUS EUR 91 MILLION YEAR AGO.H1 EBITDA EUR ‍​153 MILLION VERSUS EUR 211 MILLION YEAR AGO."THE DISAPPOINTING PERFORMANCE THUS FAR IN 2018 REQUIRES CORRECTIVE AND TRANSFORMATIVE MEASURES" - CEO."OUR TEAMS ARE ALREADY WORKING TO DEFINE THESE MEASURES WITH A VIEW TO ANNOUNCING THEM IN OCTOBER 2018" - CEO.  Full Article

Nexans Appoints Christopher Guérin As Chief Executive Officer
Wednesday, 4 Jul 2018 

July 4 (Reuters) - NEXANS SA ::REG-NEXANS APPOINTS CHRISTOPHER GUÉRIN AS CHIEF EXECUTIVE OFFICER.CHRISTOPHER GUÉRIN WILL TAKE OFFICE ON 4 JULY 2018.  Full Article

Nexans Wins Subsea Umbilical Contract From Equinor For Troll Phase 3 Development
Tuesday, 3 Jul 2018 

July 3 (Reuters) - NEXANS SA ::WINS MAJOR SUBSEA UMBILICAL CONTRACT FROM EQUINOR FOR TROLL PHASE 3 DEVELOPMENT .FIRST GAS IS EXPECTED FROM THE PROJECT IN THE SECOND QUARTER OF 2021.IS SCHEDULED TO DELIVER THE TROLL PHASE 3 UMBILICALS IN THE FIRST QUARTER OF 2020.  Full Article

Nexans Invests In Capital Of IES, EV Charging Solutions Producer‍​
Monday, 15 Jan 2018 

Jan 15 (Reuters) - NEXANS ::CAPITAL INVESTMENT IN IES‍​.IES IS ACTIVE IN PRODUCTION OF CHARGING SOLUTIONS FOR ELECTRIC VEHICLES.NEXANS’ INVESTMENT COMES AS PART OF NEW FUNDRAISING ROUND FOR COMPANY.FOLLOWING THIS INVESTMENT NEXANS WILL OWN 27.8 PERCENT STAKE IN IES.  Full Article

Nexans Acquires BE CableCon
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Nexans Sa ::REG-NEXANS : NEXANS ACQUIRES BE CABLECON IN STRATEGIC MOVE INTO WIND TURBINE CABLE-KITTING BUSINESS.  Full Article

Nexans Q3 sales up at 1.54 billion euros
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - NEXANS ::‍TO PRESENT NEW STRATEGIC PLAN FOR 2018-2022 ON DECEMBER 13 -CEO​.Q3 SALES 2017 EUR 1.54 BILLION EUROS VERSUS EUR 1.40 BILLION EUROS YEAR AGO.UPTURN IN BUSINESS IN EUROPE AND MIDDLE EAST/AFRICA REGION, OFFSETTING WEAKNESS IN AMERICA AND OIL & GAS SECTOR.  Full Article

Mosaic Company selects Nexans for their 1.7 billion dollar mining project​
Monday, 16 Oct 2017 

Oct 16 (Reuters) - NEXANS ::‍MOSAIC SELECTS NEXANS TO SUPPLY POWER CABLES AND SUPPORT SERVICES FOR THEIR $1.7 BILLION EXPANSION PROJECT​.‍FIRST CABLES TO BE DELIVERED IN Q1 2018​.  Full Article

Nexans and AMSC partner to market superconductor power cables
Monday, 29 Aug 2016 

Nexans SA :AMSC and Nexans announce a partnership to market and sell AMSC's resilient electric grid (REG) system, and other high performance superconductor power cables, in U.S. and Canada.  Full Article

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European shares retreat on trade tensions

MILAN/LONDON European shares fell for a second day on Monday as worries over a trade war between the United States and China continued to keep investors on the edge, while cable maker Nexans plummeted after a profit warning.