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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 Q3 sales up at 1.54 billion euros
Tuesday, 7 Nov 2017 01:30am EST 

Nov 7 (Reuters) - NEXANS ::‍TO PRESENT NEW STRATEGIC PLAN FOR 2018-2022 ON DECEMBER 13 -CEO​.Q3 SALES 2017 EUR 1.54 BILLION EUROS VERSUS EUR 1.40 BILLION EUROS YEAR AGO.UPTURN IN BUSINESS IN EUROPE AND MIDDLE EAST/AFRICA REGION, OFFSETTING WEAKNESS IN AMERICA AND OIL & GAS SECTOR.  Full Article

Mosaic Company selects Nexans for their 1.7 billion dollar mining project​
Monday, 16 Oct 2017 09:21am EDT 

Oct 16 (Reuters) - NEXANS ::‍MOSAIC SELECTS NEXANS TO SUPPLY POWER CABLES AND SUPPORT SERVICES FOR THEIR $1.7 BILLION EXPANSION PROJECT​.‍FIRST CABLES TO BE DELIVERED IN Q1 2018​.  Full Article

Nexans wins contract worth about 37 million euros to install submarine cable in Norway
Friday, 6 Oct 2017 02:45am EDT 

Oct 6 (Reuters) - NEXANS ::NEXANS WILL INSTALL A SUBMARINE CABLE IN NORWAY AT A SEA DEPTH OF 526 METERS‍​.BKK NETT AS AWARDED CO WITH CONTRACT WORTH ABOUT EUR 37 MILLION FOR DELIVERY OF 3RD AND LAST SUBMARINE CABLE TO COMPLETE MODALEN-MONGSTAD CONNECTION.INSTALLATION OF SUBMARINE CABLE IN NORWAY TO BE PERFORMED IN SUMMER OF 2019.‍AFTER COMMISSIONING, SUBMARINE CABLE TO BE HANDED OVER TO STATNETT ASA, COMPANY RESPONSIBLE FOR NORWAY'S CENTRAL POWER GRID​.‍SUBMARINE CABLE IN NORWAY TO SUPPLY POWER TO ABOUT 200,000 HOUSEHOLDS, BUSINESSES AND INDUSTRY FACILITIES IN BERGEN REGION.​.  Full Article

Nexans to deliver subsea fiber-optic cable to Huawei Marine
Tuesday, 26 Sep 2017 03:37am EDT 

Sept 26 (Reuters) - NEXANS ::NEXANS WILL MANUFACTURE AND DELIVER 250 KILOMETERS OF SUBSEA FIBER-OPTIC CABLE TO HUAWEI MARINE.PROJECT WILL CONNECT MALAYSIA AND INDONESIA, PROVIDING HIGH-SPEED CONNECTIVITY.  Full Article

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

Italy's Prysmian digs deep to buy General Cable in $3 billion deal

MILAN Italian cable maker Prysmian has agreed to pay a hefty premium to buy U.S. rival General Cable in a $3 billion deal struck despite competing bids from Chinese and European groups.