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2 clusters · 5 sources · 19 days · First seen · Last updated

Nexans financial performance and market activity

Overview

In September 2026, Nexans reported strong financial performance for the first half of the year, driven by demand in data centers, energy infrastructure, and grid modernization. Following 4.5% organic growth in electrification activities, the company upwardly revised its full-year 2026 EBITDA guidance to a range of 770–840 million euros and increased its cash flow expectations.

By late September, Nexans shares experienced a decline of 1.62 percent on the Euronext Paris. While the company maintained an EBITDA target of 805 million EUR, reports indicated a margin decrease in the Connect division to 11.80 percent due to construction sector weakness, despite improved margins in high-voltage transmission. During this period, the company also conducted treasury share buybacks and received a raised price target from Jefferies, which moved its target from 155 EUR to 158 EUR.

Entities

Nexans · Natixis · Euronext Paris · Jefferies

Timeline

  1. [BUSINESS] 3 sources
    Nexans shares decline amid EBITDA guidance and buyback activity

    Nexans shares dropped 1.62 percent to 133.40 EUR on Euronext Paris, despite a full-year EBITDA target of 805 million EUR and recent share buybacks totaling 15,000 shares.

  2. [BUSINESS] 2 sources
    Nexans raises 2026 guidance following strong first-half growth

    Nexans has raised its 2026 full-year guidance following strong first-half results, driven by growth in electrification, data centers, and energy infrastructure.

Sources

ad-hoc-news.de · agefi.fr · sanikhaber.com · webdisclosure.com · yapiinsaatdergisi.com