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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 And Emtelle To Supply Optical Fiber Solutions For Swedish Government Rail Projects
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - NEXANS SA ::NEXANS AND EMTELLE JOIN FORCES TO SUPPLY OPTICAL FIBER SOLUTIONS FOR SWEDISH GOVERNMENT RAIL PROJECTS.NEXANS HAS BEEN AWARDED A 65-MILLION-EURO CONTRACT BY TRAFIKVERKET (SWEDISH GOVERNMENT’S TRANSPORT ADMINISTRATION).DELIVERY OF THE NEXANS AND EMTELLE PRODUCTS TO TRAFIKVERKET WILL BEGIN IN EARLY 2019 AND WILL BE COMPLETED BY 2029.THE OPTICAL FIBER CABLE SOLUTIONS WILL BE MANUFACTURED BY NEXANS SWEDEN IN THE GRIMSÅS PLANT, WHILE MICRODUCTS AND MICRODUCT BUNDLES WILL BE PROVIDED BY EMTELLE.  Full Article

Nexans Confirms 100 Million Euro Philippines Contract
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - NEXANS SA ::REG-NEXANS : NEXANS CONFIRMS ITS POSITION AS A KEY GLOBAL SUPPLIER OF DEEPWATER MASS-IMPREGNATED CABLING SYSTEMS WITH A 100-MILLION-EURO CONTRACT IN THE PHILIPPINES.FULL TURNKEY CONTRACT TO REINFORCE NATIONAL GRID OF PHILIPPINES..CONTRACT TO MANAFACTURE (NOT MANUFACTURR), DELIVER AND INSTALL 350 KV HIGH VOLTAGE DIRECT CURRENT (HVDC) MASS-IMPREGNATED (MI) SUBMARINE CABLE.  Full Article

Nexans Announces New Management Team
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - NEXANS SA ::REG-NEXANS ANNOUNCES A NEW MANAGEMENT TEAM TO DRIVE ITS NEW INDUSTRIAL PROJECT AND BUILD FUTURE SUCCESSES.APPOINTS AN EXECUTIVE COMMITTEE OF 12 PEOPLE REPLACING TWO PREVIOUS GOVERNANCE BODIES.EXECUTIVE TEAM WILL FOCUS ON IMPROVING GROUP'S COMPETITIVENESS THROUGH CONSTANT COST DISCIPLINE.NEW GROUP EXECUTIVE COMMITTEE COMPRISES ELEVEN MEMBERS GATHERED AROUND CHRISTOPHER GUÉRIN, CHIEF EXECUTIVE OFFICER.JUILLARD TO BE NEW CFO.  Full Article

Nexans Wins 111 Million Euros Contract For Interconnector Between Lavrion And Syros
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - NEXANS SA ::REG-NEXANS : NEXANS SECURES A 111-MILLION-EURO TURNKEY SUBMARINE CABLE PROJECT FOR GREECE'S CYCLADES ISLANDS POWER INTERCONNECTION.  Full Article

Red Eléctrica De España Awards Nexans Turnkey Contract Worth 50 Million Euros
Wednesday, 21 Nov 2018 

Nov 21 (Reuters) - NEXANS SA ::RED ELÉCTRICA DE ESPAÑA AWARDS NEXANS WITH A TURNKEY CONTRACT WORTH AROUND 50M EUROS TO MANUFACTURE AND INSTALL AN INTERCONNECTION CABLE BETWEEN MAJORCA AND MENORCA.INTERCONNECTION IS DUE TO BE UP AND RUNNING IN 2020.  Full Article

Nexans Wins Major Power Export Cable Contract For Ørsted's Hornsea 2 Wind Farm
Monday, 19 Nov 2018 

Nov 19 (Reuters) - NEXANS SA ::WINS MAJOR POWER EXPORT CABLE CONTRACT FOR ØRSTED'S HORNSEA 2 WIND FARM.HAS WON A CONTRACT WORTH OVER 150 MILLION EUROS.ØRSTED IS NOW CONSTRUCTING PROJECT, WITH COMPLETION SET FOR 2022.  Full Article

Nexans Supplies 915 Km Of Jayabaya High Speed Submarine Cable System
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - NEXANS SA ::EXTENDS INDONESIA’S INFORMATION SUPERHIGHWAY WITH JAYABAYA SUBMARINE FIBER OPTIC CABLE.SUPPLYING TOTAL OF 915 KM OF FIBER OPTIC CABLES FOR JAYABAYA HIGH SPEED SUBMARINE CABLE SYSTEM FOR JAVA ISLAND.INSTALLATION OF THE CABLE IS ONGOING AND IS EXPECTED TO BE COMPLETED BY THE END OF NOVEMBER 2018..  Full Article

Nexans Aims To Reach EBITDA Of 500 Million Euros By 2021
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Nexans SA ::REG-NEXANS TRANSFORMS ITS VALUE DELIVERY MODEL.BY 2021, NEXANS' AMBITION IS TO DERIVE FROM ITS CURRENT SCOPE OF ACTIVITIES: AN EBITDA OF 500 MILLION EUROS.BY 2021, AIMS TO REACH ROCE OF 15.5%.BY 2021, NEXANS' AMBITION IS TO DERIVE FROM ITS CURRENT SCOPE OF ACTIVITIES: ROCE OF 15.5%.BY 2021 NEXANS' AMBITION IS TO DERIVE FROM CURRENT SCOPE OF ACTIVITIES: CUMULATIVE FREE CASH FLOW OVER 2018-2021 EXCEEDING EUR 200 MILLION.  Full Article

Nexans Q3 Sales Up At 1.61 Billion Euros
Friday, 9 Nov 2018 

Nov 9 (Reuters) - NEXANS SA ::9-MONTH SALES CAME TO 4,895 MILLION EUROS.OPERATING MARGIN IS EXPECTED TO COME IN AROUND EUR 185 MILLION FOR FY 2018, CORRESPONDING TO EBITDA OF AROUND EUR 325 MILLION.SALES OF 1,613 MILLION EUROS FOR Q3 COMPARED TO 1,544 MILLION EUROS IN 2017.  Full Article

Nexans Is Awarded Multimillion-Euro Contract For Ørsted’s Borssele 1 And 2 Wind Farms Off Netherlands Coast
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - NEXANS SA ::NEXANS IS AWARDED A MULTIMILLION-EURO CONTRACT FOR ØRSTED’S BORSSELE 1 AND 2 WIND FARMS OFF THE NETHERLANDS COAST.NEXANS SUBSEA AND LAND SYSTEMS WILL COMPLETE CONNECTION TO THE TURBINE BASES USING IN-HOUSE JOINTING EXPERTISE IN 2020.ARRAY CABLES FOR BORSSELE 1 AND 2 WILL BE PRODUCED AT THE NEXANS GERMANY PLANT IN HANOVER FOR DELIVERY IN 2019.  Full Article

Equinor gets OK to extend Troll gasfield lifetime beyond 2050

OSLO, Dec 7 Equinor has received government approval for its plan to boost output and extend the lifetime of Troll, Norway's largest oil and gas field, the company said on Friday.