Nexans : New roadmap to be presented shortly – Change of stance post-Forum: ++
>New elements - Nexan’s second year of attendance at our 24th Forum was just as welcome as last year, with management looking calm about the short and long-term outlook. Management confirms its 2020 guidance (EBITDA of € 320-360m and ROCE of 8-10%) but FCF (over € 100m) is likely to be stronger than expected (€ 50-100m). The most significant factor is the outlining of management’s forthcoming roadmap, which will be presented as part of a CMD on 17 February.§p...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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