Nexans reports 21.4% rise in quarterly revenue, boosted by electrification

By Reuters News05:00 (UTC), 22 October 2026 Updated

Oct 22 (Reuters) - French cable maker Nexans NEXS.PA reported a 21.4% rise in its quarterly revenue on Thursday, driven by its electricity distribution networks business and high-voltage electricity transmission infrastructure business.

Revenue came in at €1.70 billion ($1.91 billion) in the third quarter of 2026, with its electrification businesses accounting for €1.49 billion.

Nexans confirmed its guidance for 2026.

($1 = 0.8894 euros)

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