France's Nexans FY revenue up 10.1%, EBITDA rises 27.3%

Nexans SA

19/02/2026 06:14

Overview

Cable systems maker's FY 2025 revenue grew 10.1%, driven by strong organic growth

Adjusted EBITDA for FY 2025 rose 27.3%, reflecting profitability improvements

Company entered exclusive negotiations to sell Autoelectric, completing portfolio rotation

Outlook

Nexans expects 2026 adjusted EBITDA between €730 mln and €810 mln

Company projects 2026 free cash flow between €210 mln and €310 mln

Nexans anticipates softer H1 2026 compared to H2 2026

Result Drivers

PWR-TRANSMISSION GROWTH - PWR-Transmission segment drove growth with 29.8% organic sales increase, boosted by installation campaign activities

M&A STRATEGY - Nexans completed acquisitions in Spain and Canada, enhancing its growth strategy and industrial footprint

SUSTAINABILITY PROGRESS - Significant decarbonization and circular economy advancements, exceeding interim targets

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
EUR 7.81 bln
FY Net Income
EUR 358 mln
FY Organic Growth
8.30%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electrical components & equipment peer group is "buy"

Wall Street's median 12-month price target for Nexans SA is €136.50, about 0% even its February 18 closing price of €136.50

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nGNX5HFd2r

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)