Last €28.01 EUR
Change Today +0.405 / 1.47%
Volume 121.9K
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nexans sa (NEX) Snapshot

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52 Week High
05/30/14 - €44.00
52 Week Low
12/16/14 - €22.62
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nexans sa (NEX) Details

Nexans Société Anonyme provides cables and cabling solutions for energy infrastructure, industry, and building markets worldwide. It operates through three segments: Transmission, Distribution, and Operators; Industry; and Distributors and Installers. The company offers low, medium, and high-voltage cables, as well as related accessories; copper and optical fiber cables; harnesses and specialty cables; equipment cables; and electrical wires. It provides cable solutions and accessories for aerospace, and defense and space applications; airports; automation; conventional cars, and hybrid and electric vehicles; residential, public, and industrial buildings; material handling systems; local area network systems; underground and open cast mines; motors, generators, and drives; nuclear plant infrastructures; oil, gas, and petrochemical; photovoltaic solar applications; ports and harbors; power networks; secure railway networks; on-track safety and train performance; rolling stock; shipbuilding, navy, and offshore platforms; telecom networks; and wind farm infrastructure and turbines. The company offers its products primarily under the brand names of MOTIONLINE, ALSECURE, SHIPLINK, WINDLINK, POWERMINE, KEYLIOS, NEWSENSE, FLAMEX, and KINOPTIC, as well as Lo-Sag, ICEFLEX, and INFIT. Nexans Société Anonyme is headquartered in Paris, France.

25,843 Employees
Last Reported Date: 04/7/14

nexans sa (NEX) Top Compensated Officers

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nexans sa (NEX) Key Developments

Nexans Set to Unveil New Electric Vehicle Charging Solutions at European Utility Week

Nexans launches its new range of solutions for electric vehicle (EV) charging that will be displayed at the upcoming European Utillity Week conference. The company set to unveil new electric vehicle charging solutions at European Utility WeekNexans is part of the Eco2charge project that aims to support the development of electric vehicles. Leveraging its expertise in connection equipment, Nexans develops a smart and modular connection and charging infrastructure solution which can interoperate with the systems designed by other Eco2charge partners. Nexans' patented busbar component connects EV charging stations without the need for digging or complicated installation. It is adapted to different charging speeds and plug-types. Finally, Nexans has also developed a smart energy management system integrated into the EV charging site that allows users to manage demand across the site.

Nexans Reports Sales Results for the Third Quarter of 2014; Provides Earnings Guidance for the Full Year of 2014

Nexans reported sales results for the third quarter of 2014. Nexans announced that its sales for the third quarter of 2014 amounted to €1,574 million at current non-ferrous metal prices, or €1,130 million at constant non-ferrous metal prices, down 2.1% on an organic basis versus third-quarter 2013. Overall, the Group is standing by the guidance it issued on October 1, 2014, namely for full-year 2014 operating margin to come in at a similar level to 2013 (i.e., around €140 million), with sales volumes remaining stable year on year.

Nexans Provides Sales Guidance for the Third Quarter of 2014 and Provides Earnings Guidance for the Full Year 2014

Nexans announced that it expects its revenue to decrease by about 4% on in the third quarter of 2014. The company expects growth to be flat for the full-year. It currently expects its operating margin to be similar this year to the EUR 140 million figure for 2013. The group cites a persistent slowdown in South America and the Asia-Pacific region (Australia).


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