Nexans
NEX
ISIN FR0000044448 / Valor 1242479
Nexans
UMushroom community rating:
About company
Nexans is a global player in the cable and optical fiber industry, focusing on the design, manufacture, and distribution of products that are essential for the development and operation of electrical grids and telecommunications networks. The company has recently been involved in significant projects that underscore its expertise and capacity in the field. For instance, it has been selected by a leading Italian utility to deliver a comprehensive suite of low- and medium-voltage underground cables, emphasizing its commitment to sustainability by using 100% low-carbon aluminum in the production process at its Italian factory in Battipaglia. Additionally, Nexans has secured a first call-off under a 2GW TenneT framework agreement, involving the engineering, procurement, construction, and installation (EPCI) of high-voltage direct current (HVDC) cables for offshore grid connection systems, BalWin3 and LanWin4, which will transmit a total of 4 Gigawatts of offshore wind energy to Germany. The company is also engaged in the RENOV research project, aiming to develop innovative recycling solutions for cross-linked industrial plastics used in power cables and accessories, highlighting its involvement in advancing sustainable manufacturing practices within its industry sector.
Summarized from source with an LLMView SourceSector: TechnologyKey figures
Performance
Volatility
6465 M
Market cap (USD)
182,544
Daily traded volume (Shares)
104.8 / 102.9
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
Andreas Kienast
Andreas Kienast
EQUITIES OF THE SAME SECTOR
