Report
Jean-François Granjon

Nexans : After the Tennet contract, the long-awaited EuroAsia Interconnector

>Backlog strengthened to over € 6bn for G&T business - Nexans has just announced a new large-scale contract that had been expected for several months. It is a turnkey contract for the section of the EuroAsia interconnector (global interconnection contract between Israel, Cyprus and Greece) that links Cyprus and Greece. It is a major contract as it amounts to € 1.43bn (€ 1.2bn estimated previously). It involves high voltage direct current (HVDC) cables with a bipolar l...
Underlying
Nexans SA

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).

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Jean-François Granjon

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