Nexans reports 21.4% rise in quarterly revenue, boosted by electrification
Nexans reports 21.4% rise in quarterly revenue, boosted by electrification Oct 22 (Reuters) - French cable maker Nexans NEXS.PA reported a 21.4% rise in its quarterly revenue on Thursday, driven by its electricity distribution networks business and high-voltage electricity transmission infrastructure business.
Revenue came in at €1.70 billion ($1.91 billion) in the third quarter of 2026, with its electrification businesses accounting for €1.49 billion.
Nexans confirmed its guidance for 2026.
($1 = 0.8894 euros)
(Reporting by Mathias de Rozario in Gdansk; Editing by Matt Scuffham)
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