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Resignation of Mr. Oscar Hasbún Martínez from his position as Director of Nexans as of May 20th, 2026
Globenewswire· 2026-02-27 17:00
Resignation of Mr. Oscar Hasbún Martínez from his position as Director of Nexans as of May 20th, 2026 _PRESS RELEASE_ Paris, February 27th 2026 – Nexans announces the resignation of Mr. Oscar Hasbún Martínez from his position as Director of Nexans, effective May 20th, 2026. His resignation also entails the end of his duties as chairman of the Strategy and Sustainable Development Committee. This resignation comes in the context of the reduction of Invexans Limited's stake in Nexans' share capital. The Board ...
Nexans: An Agile Model Of Value Creation
Seeking Alpha· 2026-02-24 15:57
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in NXPRF over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seekin ...
Disclosure of trading in own shares from February 16, 2026 to February 20, 2026
Globenewswire· 2026-02-23 15:00
Head Office : 4 allée de l'Arche, 92400 Courbevoie, FranceTel : + 33 (0) 1 78 15 00 00 – www.nexans.coma French Société Anonyme with a share capital of € 43,744,779 – R.C.S. Nanterre 393 525 852 – Id VAT FR 74 393 525 852 Disclosure of trading in own shares From February 16, 2026 to February 20, 2026 Issuer : Nexans Category : treasury shares Pursuant to applicable law on share buybacks, Nexans declares the following purchases of its own shares from F ...
2025 Full-Year results: Excellent financial performance reflecting the strengths of Nexans’ business model
Globenewswire· 2026-02-19 06:00
Core Insights - Nexans reported strong financial performance for FY 2025, with adjusted EBITDA of €728 million, up 27.3% year-on-year, and a net income of €358 million, reflecting a 26.6% increase from 2024 [3][12][7] - The company achieved an exceptional organic growth rate of 8.3% in 2025, significantly exceeding mid-term guidance, driven by strong performance in the PWR-Transmission segment [2][4][8] - Nexans is focusing on electrification and has entered exclusive negotiations for the sale of its Autoelectric business, marking the completion of its portfolio rotation [4][34][35] Financial Performance - Standard sales reached €6.1 billion in 2025, with current sales at €7.8 billion, reflecting a 12.9% increase [7][8] - Adjusted EBITDA margin improved to 11.9%, up 161 basis points from 2024, indicating enhanced operational efficiency [3][11] - Free cash flow was reported at €344 million, a significant increase of 94.1% compared to €177 million in 2024, showcasing strong cash generation capabilities [13][7] Segment Performance - PWR-Transmission segment achieved standard sales of €1.7 billion, with an organic growth of 29.8%, driven by high installation activity [20][21] - PWR-Grid segment reported standard sales of €1.3 billion, with organic growth of 5.5%, supported by strong underlying trends [24][25] - PWR-Connect segment saw standard sales of €2.3 billion, with a 3.6% organic growth, bolstered by acquisitions and strong demand in the Americas and Middle East [27][28] M&A Activity - Nexans completed acquisitions of Cables RCT in Spain and Electro Cables in Canada, enhancing its portfolio and market presence [5][32][33] - The company is actively pursuing M&A as a core strategy for growth, supported by a solid balance sheet and cash generation [5][31] Sustainability Initiatives - Nexans achieved a recycled copper content of 19.3%, moving towards a target of 25% by 2028, reflecting its commitment to sustainability [39][40] - The company reported a 49% reduction in Scope 1 and 2 emissions and a 40% reduction in Scope 3 emissions, exceeding interim decarbonization targets [42][41] 2026 Outlook - For FY 2026, Nexans expects adjusted EBITDA between €730 million and €810 million, with free cash flow projected between €210 million and €310 million [2][46] - The company anticipates a softer first half of 2026 compared to the second half, excluding contributions from ongoing projects and acquisitions [2][46]
Disclosure of trading in own shares from February 9, 2026 to February 13, 2026
Globenewswire· 2026-02-16 14:00
Head Office : 4 allée de l'Arche, 92400 Courbevoie, FranceTel : + 33 (0) 1 78 15 00 00 – www.nexans.coma French Société Anonyme with a share capital of € 43,744,779 – R.C.S. Nanterre 393 525 852 – Id VAT FR 74 393 525 852 Disclosure of trading in own shares From February 09, 2026 to February 13, 2026 Issuer : Nexans Category : treasury shares Pursuant to applicable law on share buybacks, Nexans declares the following purchases of its own shares from F ...
Disclosure of trading in own shares from February 2, 2026 to February 6, 2026
Globenewswire· 2026-02-09 09:15
Core Viewpoint - Nexans has announced a share buyback program, detailing the purchase of its own shares from February 2, 2026, to February 6, 2026, as part of its ongoing strategy to manage capital and enhance shareholder value [1]. Group 1: Share Buyback Details - The share buyback program was published on March 27, 2025, on the company's website [1]. - A total of 8,525 shares were purchased during the specified period [2]. - The daily purchase prices varied, with the highest price recorded at €138.194604 on February 6, 2026, and the lowest at €131.621701 on February 2, 2026 [2]. Group 2: Transaction Breakdown - On February 2, 2026, 1,705 shares were bought at an average price of €131.621701 [2]. - The number of shares purchased each day remained consistent at 1,705 shares across the five days of trading [2]. - The daily weighted average purchase prices showed an upward trend, increasing from €131.621701 to €138.194604 over the five days [2].
Nexans wins a strategic seven-year contract with Enedis to support the modernization and expansion of the medium-voltage network in France
Globenewswire· 2026-02-04 07:30
Core Insights - Nexans has signed a €600 million framework agreement with Enedis for the supply of medium-voltage cables to modernize and expand the network in France [2][3] - The contract spans seven years (2026-2032) with deliveries starting in Q1 2026, featuring an average annual volume that is double that of the previous contract [3][4] - The proposal from Nexans was distinguished by its economic competitiveness, security of supply, and CSR performance, aligning with Enedis' priorities [4][10] Contract Details - The contract includes all HTA cables for the 20 kV underground network, focusing on increased production of 400 mm² sections and reinforced direct burial cables [5][6] - Major industrial investments of €15 million have been made at the Bourg-en-Bresse site to enhance production capabilities for larger aluminum cross-sections and sheath thicknesses [6] Environmental Commitment - Nexans emphasizes low greenhouse gas emissions of its cables and is enhancing its circularity approach by integrating recycled materials [7][8] - The company aims to incorporate 10% recycled content in its low-voltage aluminum cables produced in France by 2025, reflecting its commitment to sustainability [8] Partnership and Future Outlook - This contract continues a long-standing partnership with Enedis, following a previous major contract for low-voltage underground cables signed in October 2024 [9] - The Managing Director of PWR Grid Central Europe at Nexans highlighted the importance of this contract for the electrification of uses in France and the company's ability to meet economic and environmental requirements [11]
Disclosure of trading in own shares from January 26, 2026 to January 30, 2026
Globenewswire· 2026-02-02 09:35
Core Viewpoint - Nexans has announced a share buyback program, detailing the purchase of its own shares from January 26, 2026, to January 30, 2026, as part of its ongoing strategy to manage capital and enhance shareholder value [1]. Summary by Sections Share Buyback Program - Nexans will execute a buyback program as per the announcement made on March 27, 2025, on its website [1]. - The buyback period is set from January 26, 2026, to January 30, 2026 [1]. Trading Details - A total of 8,525 shares were purchased during the buyback period, with daily transactions recorded as follows: - January 26, 2026: 1,705 shares at an average price of €127.71 - January 27, 2026: 1,705 shares at an average price of €129.79 - January 28, 2026: 1,705 shares at an average price of €129.82 - January 29, 2026: 1,705 shares at an average price of €132.68 - January 30, 2026: 1,705 shares at an average price of €132.44 [2]. Broker Information - The transactions were executed by Kepler Cheuvreux, which acted as the broker for the buyback program [2][3].
Disclosure of trading in own shares from January 19, 2026 to January 23, 2026
Globenewswire· 2026-01-26 08:40
Core Viewpoint - Nexans has announced a share buyback program, detailing the purchase of its own shares from January 19, 2026, to January 23, 2026, as part of its ongoing strategy to manage capital and enhance shareholder value [1]. Summary by Sections Share Buyback Program - Nexans disclosed the execution of its share buyback program, which was initially published on March 27, 2025 [1]. - The buyback program is conducted under applicable laws regarding share repurchases [1]. Trading Details - From January 19 to January 23, 2026, Nexans purchased a total of 8,525 shares [2]. - Daily trading volumes and average purchase prices for the shares are as follows: - January 19: 1,705 shares at €123.97 - January 20: 1,705 shares at €122.73 - January 21: 1,705 shares at €124.39 - January 22: 1,705 shares at €125.65 - January 23: 1,705 shares at €126.29 [2][3]. Broker Information - The trades were executed by Kepler Cheuvreux, which acted as the broker for the share buyback transactions [2][3].
Resignation of Mr. José Francisco Pérez Mackenna from his position as Director of Nexans
Globenewswire· 2026-01-22 09:45
Core Viewpoint - Mr. José Francisco Pérez Mackenna has resigned from his position as Director of Nexans, effective February 1, 2026, to join the Government of Chile as Minister of Foreign Affairs [1][2]. Company Overview - Nexans is a global leader in sustainable electrification, focusing on systems that support the transition to a connected, resilient, and low-carbon future [3]. - The company operates in three core business areas: PWR Transmission, PWR Grid, and PWR Connect, leveraging over 140 years of industry expertise and innovation [4]. - Nexans generated €7.1 billion in standard sales in 2024 and is committed to achieving Net-Zero emissions by 2050, in line with the Science Based Targets initiative (SBTi) [5]. Committees and Contributions - Mr. Pérez Mackenna's resignation includes his departure from several key committees: Accounts, Audit and Risk Committee, Appointments and Corporate Governance Committee, Compensation Committee, and Strategy and Sustainable Development Committee [1][2]. - The Board of Directors expressed gratitude for his contributions since his appointment in 2011 [2].