Report
Jean-François Granjon

Nexans : La Triveneta: accretive impact of 6% on 2024 EBITDA and +10.5% for 2025. New target price of € 130 (vs € 122)

>Integration of La Triveneta Cavi from June 2024 - Nexans recently announced the finalisation of the acquisition of the Italian company La Triveneta Cavi which is mainly active in low- and medium-voltage cables. It is a key player that operates in the building, infrastructure, and flame-retardant cable systems sectors as well as in renewable energies. This deal clearly ties in with the group’s strategy (see 2021-24 plan), as it strengthens the Use division (32% of 202...
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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