NEXANS 1Q17 - Booming submarines expected to drive organic sales and margins through the year
Nexans, the French cable manufacturer, held a conference call today to present Q1 sales. Revenues at constant metal prices were up 2.9% yoy to €1.1bn, with organic growth at 1.2% or 4.4% excluding the O&G sector....
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).
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