# Nexans financial performance and market activity

> Live situation record from CLSTR: https://clstr.news/situations/nexans-financial-performance-and-market-activity
> Updated: 2026-09-28T09:53:23.000Z. Sources: 5. Developments: 2.

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.

## Timeline

### 2026-09-28: 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.

3 sources. https://clstr.news/cluster/nexans-shares-decline-amid-ebitda-guidance-and-buyback-activity

### 2026-09-09: 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.

2 sources. https://clstr.news/cluster/nexans-raises-2026-guidance-following-strong-first-half-growth

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Cite as: Nexans financial performance and market activity. CLSTR, https://clstr.news/situations/nexans-financial-performance-and-market-activity