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Nexans SA (NXPRF.PK)

NXPRF.PK on OTC Markets Group

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Latest Key Developments (Source: Significant Developments)

Nexans H1 attributable net income up at ‍​91 million euros
Thursday, 27 Jul 2017 01:30am EDT 

July 27 (Reuters) - NEXANS ::H1 ATTRIBUTABLE NET INCOME EUR ‍​91 MILLION VERSUS EUR 30 MILLION YEAR AGO.H1 EBITDA EUR ‍​211 MILLION VERSUS EUR 203 MILLION YEAR AGO.H1 OPERATING MARGIN EUR ‍​140 MILLION VERSUS EUR 135 MILLION YEAR AGO.H1 SALES AT CURRENT METAL PRICES EUR 3.21‍​ BILLION VERSUS EUR 2.95 BILLION YEAR AGO.H1 OPERATING MARGIN OF 140 MILLION EUROS, STABLE VERSUS FIRST-HALF 2016 (135 MILLION EUROS).H1 NET INCOME BEFORE TAX OF 126 MILLION EUROS, UP BY 80 MILLION EUROS.  Full Article

Nexans supplies 320 kv cables for "DolWin6" offshore DC Link to Tennet
Monday, 17 Jul 2017 12:05pm EDT 

July 17 (Reuters) - NEXANS ::NEXANS SUPPLIES 320 KV CABLES FOR "DOLWIN6" OFFSHORE DC LINK TO TENNET.CONTRACT WORTH AROUND 100 MILLION EUROS.PROJECT IS SCHEDULED FOR COMPLETION IN 2023.  Full Article

Nexans Norway signes global framework agreement with BP
Monday, 10 Jul 2017 05:05am EDT 

July 10 (Reuters) - NEXANS ::NEXANS NORWAY SIGNED A FIVE-YEAR GLOBAL FRAMEWORK AGREEMENT WITH BP.  Full Article

Nexans now holds 100 percent of Nippon High Voltage Cable Corporation
Friday, 7 Jul 2017 05:00am EDT 

July 7 (Reuters) - NEXANS SA ::REG-NEXANS NOW HOLDS 100% OF NIPPON HIGH VOLTAGE CABLE CORPORATION (NVC).  Full Article

Nexans to install 149 charging stations in ardenne-metropole
Wednesday, 28 Jun 2017 04:34am EDT 

June 28 (Reuters) - NEXANS ::149 NEXANS CHARGING STATIONS WILL BE INSTALLED AND SUPERVISED IN PARTNERSHIP WITH THE STARTUP CLEM' IN THE 61 MUNICIPALITIES THAT MAKE UP ARDENNE-MÉTROPOLE.  Full Article

Nexans Q1 sales at constant metal prices at 1.14‍​ billion euros
Wednesday, 3 May 2017 01:30am EDT 

May 3 (Reuters) - Nexans : :Q1 sales (constant metal prices) 1.14‍​ billion euros versus 1.10 billion euros year ago.Q1 organic sales growth of 1.2 percent (4.4 percent excluding the oil & gas sector).Remains confident that the group's operating margin will continue to improve in 2017, particularly in H2.Q1 sales (current metal prices) 1.57‍​ billion euros versus 1.43 billion euros year ago.  Full Article

Nexans announces placement of a bond issue in the amount of 200 million euros
Wednesday, 29 Mar 2017 12:31pm EDT 

Nexans SA : Announces successful placement of a bond issue in the amount of 200 million euros ($215.02 million), maturity April 5, 2024 . Yield to maturity is 2.75 pct and issue price is 100 pct of par value . Settlement is expected on April 5, 2017 .HSBC and Société Générale were global coordinators and joint bookrunners, BNP Paribas and BANCO SANTANDER were joint bookrunners.  Full Article

Nexans: FY net income at 61 million euros
Thursday, 9 Feb 2017 01:30am EST 

Nexans : 2016 operating margin up 24 pct year on year to 242 million euros ($258.41 million) despite a 1.2 pct organic decrease in sales volumes . Return to profit for the group, with 61 million euros in net income for the year versus a 194 million euros net loss in 2015 . Proposed dividend of 0.5 euro per share . Net debt stable at 211 million euros at December 31, 2016, despite an 86 million euro cash outflow for restructuring costs . FY sales 4.43 billion euros versus 4.60 billion euros year ago . FY operating profit 185 million euros versus loss of 66 million euros year ago ."We are embarking on 2017 confident in our ability to grow both our sales and operating margin" - CEO.  Full Article

Nexans secures new contract to supply LV cables in Qatar
Tuesday, 27 Dec 2016 02:30am EST 

Nexans SA :Ssecures around € 300 million ($313.23 million) contract to supply LV cables for infrastructure projects in Qatar through its QICC JV with Al Mirqab capital.  Full Article

Nexans integrates its russian activities into Impex Electro
Friday, 16 Dec 2016 02:30am EST 

Nexans : Nexans integrates its russian activities into its local partner Impex Electro .Nexans keeps its current minority shareholding in Impex Electro.  Full Article

BRIEF-Nexans to install 149 charging stations in ardenne-metropole

* 149 NEXANS CHARGING STATIONS WILL BE INSTALLED AND SUPERVISED IN PARTNERSHIP WITH THE STARTUP CLEM' IN THE 61 MUNICIPALITIES THAT MAKE UP ARDENNE-MÉTROPOLE Further company coverage: (Gdynia Newsroom:)