Nexans : A remarkable shift in a bleak environment
In a mixed environment, Nexans has reported H1 2022 results well above forecasts. The results were driven by the upturn in business, particularly in electrification, and above all by the successful transformation programme. As a result, credit metrics are steadily improving, as are margins. In this Special Comment, we review the latest results and analyse the outlook, particularly with regard to the 2023 and 2024 maturities. - - - - - - - - - > - - §...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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