Trade Nexans - NEXp CFD

Trade Nexans - NEXp

About Nexans SA

Nexans SA is a France-based company engaged in the cable industry. It provides copper and fiber-optic cables and cabling systems to the energy infrastructure, telecom and data, building and Local Area Network (LAN) markets. It operates under four segments: Building & Territories, which comprises solutions for the building market, energy operators, local authorities and rural communities; High Voltage & Projects, which includes submarine interconnector projects, offshore wind farms, offshore oil and gas projects and land based high voltage projects; Industry & Solutions, which supports original equipment manufacturers (OEMs) and industrial infrastructure projects in customizing their electrification, digitalization and encompasses aeronautics, railways, renewable energy, among others, and Telecom & Data, which enables customers to deploy copper and optical fiber infrastructure, as well as connectivity solutions for transoceanic cables, urban fiber and optic networks.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Nexans SA revenues increased 23% to EUR7.37B. Net income applicable to common stockholders increased from EUR78M to EUR164M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Core exposure effect() increase from EUR42M to EUR106M (income), Restructuring Costs decrease of 46% to EUR58M (expense).

Equity composition

10/2013, Rights Issue, 3 new shares for every 7 shares held @ EUR22.5 (Factor: 1.12035).