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Nexans SA (NEXS.PA)

NEXS.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

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

Nexans H1 net result group share turns to profit of 30 mln euros
Thursday, 28 Jul 2016 

Nexans SA : H1 sales at current metal prices of 2.95 billion euros ($3.26 billion) versus 3.27 billion euros year ago . H1 sales at constant metal prices of 2.28 billion euros versus 2.38 billion euros year ago . H1 operating margin is 135 million euros versus 95 million euros a year ago . H1 EBITDA is 203 million euros versus 167 million euros a year ago . H1 net income group share 30 million euros versus loss of 58 million euros a year ago .Maintains confidence in the capacity of the group to deliver the expected results.  Full Article

Nexans wins umbilical contract in Australia
Monday, 25 Jul 2016 

Nexans : Will deliver an umbilical, 32 km in length combining power, signal and steel tubes as well as other services to Onesubsea and Woodside in Western Australia .The umbilical will be manufactured at Nexans' plants in Halden and Rognan, and will be delivered in January 2018.  Full Article

Nexans to connect Beatrice Offshore Windfarm to the Scottish grid
Tuesday, 24 May 2016 

Nexans : Beatrice Offshore Windfarm Ltd has chosen a consortium of Nexans and Siemens Transmission and Distribution Ltd to supply a transmission system to connect its new wind farm off the coast of Scotland to the grid .The contract with Nexans is worth about € 245 million ($274.60 million).  Full Article

Nexans Norway is supplying fibre optic cables to Connected Amazonia Program
Thursday, 21 Apr 2016 

Nexans SA:Nexans Norway is supplying fibre optic cables to the Connected Amazonia Program in Brazil to connect 4 million people to the internet.  Full Article

Alstom takes control of Cabliance by acquiring Nexans stake
Wednesday, 13 Apr 2016 

Alstom SA:Alstom takes control of Cabliance by acquiring Nexans stake.  Full Article

Nexans and G2mobility sign strategic partnership
Monday, 11 Apr 2016 

Nexans SA:Nexans and G2mobility sign strategic partnership for EV charging solutions backed by a 2.7 million euro round of funding from Nexans, Bpifrance and Innovacom.  Full Article

Nexans to close its cable factory dedicated to defense market in the U.S.
Thursday, 31 Mar 2016 

Nexans SA:To close its cable factory dedicated to defense market in the U.S.Decision has been taken in response to both a lack of profitability for the factory combined with generally unfavourable mid to long term prospects for defense cable market in region.  Full Article

Prysmian sets sights on other M&A targets after General Cable deal

MILAN Italian cable maker Prysmian is looking at three more M&A targets, its CEO Valerio Battista said on Tuesday, the day after announcing a $3 billion deal to buy U.S. rival General Cable .