Nexans offers cables and cabling systems for the Infrastructure, Industry, Building and Local Area Network markets. Co.'s offering covers the research, design, manufacturing, installation, training, and network supervision and control. Co. operates under three segments: Energy (power cables for energy infrastructures, special cables for industry, and equipment cables for the building market), Telecom (cables for private telecommunications networks, junction components for telecommunications network cables, and copper and optical fiber cables for public telecommunications networks) and Electrical wires (wirerods, electrical wires and winding wires production operations).
  • TickerNEX
  • ISINFR0000044448
  • ExchangeEuronext Paris
  • SectorElectronic & Electrical Equipment
  • CountryFrance

Analysts

NEXANS SA increases its risk exposure and slightly lowers to Neutral

NEXANS SA (FR), a company active in the Electrical Components & Equipment industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 4 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date November 15, 2019, the closing price was EUR 36.06 and its expected value was estimated at EUR 34.34.

Alain William ...
  • Anis Zgaya
  • Jean-François Granjon
  • Jerôme Bodin
  • Khaled Ben Amor
  • Martial Descoutures
  • Nicolas Thorez
  • Oussema Denguir

ODDO BHF Small & MIDCAP MORNING NEWS - 07/11/2019

...

Laure Nottet

Nexans : Nexans decidedly walks a tightrope

>Strengths/Opportunities - Diversified end markets and geographical spread. Nexans operates in four core segments that reflect the variety of its end markets: Building & Territories (40% of sales), High Voltage & Projects (15%), Telecoms & Data (11%) and Industry & Solutions (26%). The group's geographical footprint is also well balanced, with a strong presence in Europe (37% of sales), North America (14%) and Asia (12%), rounded out by the Middle East/Africa (6%) and...

Laure Nottet

Nexans : Nexans marche invariablement sur un fil

>Forces / Opportunités - Marchés finaux et exposition géographique diversifiés. Les activités de Nexans sont réparties en 4 principaux segments, reflétant la variété de ses marchés finaux : Bâtiment et Territoires (40% du CA), Haute tension et Projets (15%), Télécommunication et Données (11%), Industrie et Solutions (26%). L’empreinte géographique du groupe est aussi équilibrée avec une présence importante en Europe (37% du CA), en Amérique du Nord (14%), en Asie (12%...

Remi Ramadou

NEXANS- 1H18 Comments

Nexans, the French manufacturer of electrical cables, has published a poor set of 1H18 results. This does not come as a surprise, since Nexans issued a profit warning last month covering 2018 prospects, revising down its full-year EBITDA guidance to €350m from €410m (i.e.-15% yoy).

Remi Ramadou

NEXANS- Rating Report

Nexans designs, manufactures and markets a wide range of cables and cabling systems to various customers in the infrastructure, industry and building segments. Headquartered in Paris, the company is a former subsidiary of Alcatel and has been listed on the Paris stock exchange since 2001. With around 26k employees and an operating presence in over 40 countries, Nexans generated sales of €6.37bn in 2017.

Remi Ramadou

NEXANS 1Q17 - Booming submarines expected to drive organic sales and margins through the year

Nexans, the French cable manufacturer, held a conference call today to present Q1 sales. Revenues at constant metal prices were up 2.9% yoy to €1.1bn, with organic growth at 1.2% or 4.4% excluding the O&G sector....

Jean-François Granjon

Nexans : Une publication de bonne facture qui valide les objectifs annuels et le plan 2019/21

>Publication du CA T3 en ligne avec nos attentes - Nexans publie un CA T3 totalement en ligne avec nos attentes. Le CA à cours des métaux non ferreux constant ressort à 1 168,0 M€ (1 166,5 M€ estimé) vs 1 108 M€ en hausse de 5,4% et 5,1% en organique. Nous anticipions une croissance organique de +5%. Cette performance s’inscrit dans la continuité du S1 (+5%) avec une nette amélioration pour Haute Tension & Projets. Au cours du T3, l’effet change a été limité à 0,5% et...

Jean-François Granjon

Nexans : Strong release underpinning FY targets and 2019-21 plan

>Q3 revenue in line with our expectations - Nexans reported Q3 revenue fully in line with our expectations. Revenue at constant non-ferrous metals prices came in at € 1,168m (€ 1,166.5m estimated) vs € 1,108m, up 5.4%, 5.1% organically. We were anticipating +5% organically. This performance is in line with H1 (+5%) with a sharp pick-up in High Voltage & Projects. In Q3, the forex effect was limited to 0.5% and the consolidation effect was quite insignificant....

Jean-François Granjon

Nexans : A self-help plan to boost earnings growth

A recovery story against a less favourable macroeconomic backdrop and amid further tough competition. A self-help plan rolled out by the new management team under good auspices with EBITDA expected to pick up by a net € 175m in 2021, implying a 2018-2021 CAGR of +15.5%. With a foothold in a long-cycle business, the group should show greater resilience. Buy recommendation reiterated, target price adjusted to € 41 from € 40. - >A top player - Nexans is the second-larges...

Jean-François Granjon

Nexans : Un plan « self help » pour doper la croissance bénéficiaire

Une histoire de recovery dans un contexte macroéconomique moins porteur et un environnement concurrentiel toujours vif. Un plan « self help » conduit par un nouveau management qui se présente sous de bons auspices avec, à la clé, une amélioration de 175 M€ nets de l’EBITDA 2021e, soit un TMVA 18/21 de +15.5%. Se positionnant sur des business à cycle long, le groupe devrait afficher une meilleure résistance que ses pairs. Opinion Achat confirmée avec un objectif ajusté à 41 € (vs ...

Jean-François Granjon

Nexans : Feedback from road-show – recovery well on track – Buy vs Neutral recommendation – target price € 40 (vs € 32)

>Underlying operating profit lifted to 11/13% - Buy vs Neutral - Following a roadshow with the new management of Nexans, we confirm that the strategic plan ("New Nexans") presented at the end of 2018 has been unfolding according to expectations. Interim results even reflect a slight advance. Our underlying operating profit sequence has been lifted to 11/13%. Our new target price stands at € 40 (vs € 32), justifying our Buy recommendation (vs Neutral).A re...

1 director bought

A director at Nexans bought 3,103 shares at 32.648EUR and the significance rating of the trade was 61/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board member...

Alain William ...
  • Anis Zgaya
  • Jean-François Granjon
  • Jerôme Bodin
  • Khaled Ben Amor
  • Martial Descoutures
  • Nicolas Thorez
  • Oussema Denguir

ODDO BHF Small & MIDCAP MORNING NEWS - 07/11/2019

...

Alain William ...
  • Anis Zgaya
  • Jean-François Granjon
  • Jerôme Bodin
  • Khaled Ben Amor
  • Martial Descoutures
  • Nicolas Thorez
  • Oussema Denguir

ODDO BHF Small & MIDCAP MORNING NEWS - 11/07/2019

...

Alain William ...
  • Baptiste Lebacq
  • Charles Lepetitpas
  • Emmanuel Matot
  • Florent Laroche-Joubert
  • Jean-François Granjon
  • Nicolas David
  • Stephane Houri
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF Small & MIDCAP MORNING NEWS - 08/02/2019

...

Alain William ...
  • Baptiste Lebacq
  • Charles Lepetitpas
  • Emmanuel Matot
  • Florent Laroche-Joubert
  • Jean-François Granjon
  • Nicolas David
  • Stephane Houri
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF Small & MIDCAP MORNING NEWS - 02/08/2019

...

Alexandre Iatrides ...
  • Aurelien Sivignon
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Emmanuel Matot
  • Geoffroy Michalet
  • Jean-François Granjon
  • Jeremy Garnier
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 07/24/2019 Date Performance since listing Date Performance since listing

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NEXANS SA increases its risk exposure and slightly lowers to Neutral

NEXANS SA (FR), a company active in the Electrical Components & Equipment industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 4 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date November 15, 2019, the closing price was EUR 36.06 and its expected value was estimated at EUR 34.34.

ValuEngine Toronto Quantitative Stock Report for NEX

ValuEngine Toronto Quantitative Stock Report for NEX

ValuEngine Toronto Quantitative Stock Report for NEX

ValuEngine Toronto Quantitative Stock Report for NEX

ValuEngine Toronto Quantitative Stock Report for NEX

ValuEngine Toronto Quantitative Stock Report for NEX

ValuEngine Toronto Quantitative Stock Report for NEX

ValuEngine Toronto Quantitative Stock Report for NEX

MarketLine Department

General Cable Corporation - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's General Cable Corporation Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by General Cable Corporation since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive...

GlobalData Department

Nexans SA (NEX) - Power - Deals and Alliances Profile

Summary Nexans SA (Nexans) is a provider of cables and connectivity solutions. The company offers copper and fiber optic cables and cabling systems. It serves network operators, equipment and infrastructure manufacturers, and builders, installers and distributors in submarine and land, oil and gas, mining, and renewable, transportation, data centers, and commercial and residential building sectors. Nexans is a member of European Association of Wire & Cable Manufacturers (Europacable) and a signatory of Europacable Industry Charter. The company has operational presence in Europe, South America...

Nexans - Assemblée générale des actionnaires du 15 mai 2019

Proxinvest publiera une étude analysant les résolutions proposées lors de la tenue de l’assemblée générale des actionnaires. Vous pouvez l'acquérir dès à présent et elle vous sera adressée par ResearchPool une fois publiée.

Charles Pinel

Proxy Report - 17/05/2018

Un communiqué du 18 mars 2018 a annoncé que le Conseil d’administration de Nexans avait été informé de la volonté d’Arnaud Poupart-Lafarge, Directeur Général du Groupe, de cesser au plus vite ses fonctions pour des raisons personnelles. A la demande du Conseil d’administration, Arnaud Poupart-Lafarge a accepté d’assurer une période de transition jusqu’au 30 septembre 2018 au plus tard. Dans le cadre de ce départ, il est proposé aux actionnaires d'approuver une prime exceptionnelle de transition d'un montant de 700 000 € ainsi que la suppression de la condition de présence pour l'acquisition d...

Matthieu DRIOL

Analyse court terme - NEXANS : La tendance est baissière.

La tendance est baissière. La reprise est une consolidation. Les Stochastiques sont en zone de surachat. La baisse peut bientôt reprendre vers 22,10 €. La tendance de fond serait remise en cause en cas de franchissement de 30,12 €.

Matthieu DRIOL

Short term view - NEXANS : The trend is bearish.

The trend is bearish. The recovery is a consolidation. Stochastics are at the overbought level. The fall can soon resume toward €22.10. The background trend would be questioned should prices rise above €30.12.

Matthieu DRIOL

Short term view - NEXANS : The background trend is clearly bearish.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at €22.10. The background trend would be questioned should prices rise above €30.12.

Matthieu DRIOL

Analyse court terme - NEXANS : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 22,10 €. La tendance de fond serait remise en cause en cas de franchissement de 30,12 €.

Valérie GASTALDY

Medium term view - NEXANS : The background trend is clearly bearish.

The background trend is clearly bearish. The movement goes on. The next target is at €22.09, then €17.50. Passing €44.20 would question the continuation of the fall.

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