Nexans : A reassuring financial profile in a challenging environment
After a positive FYÂ 2019, driven by the first benefits of the New Nexans plan, the health crisis has had a moderate impact on sales in Q1Â 2020. Q2Â 2020 will be significantly more affected, as around 60% of the group's businesses were hurt by lockdown measures. Despite the gradual business recovery, uncertainties persist in some markets. FYÂ 2020 is expected to be marked by a sharp earnings decline, negative FCF and an increase in leverage. Nevertheless, Nexans should continue to b...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).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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