Nexans Reports Increased Q3 Sales and Reaffirms Annual Financial Projections

AI-generated NewsSnap summary based on source reporting.
Published: 2026-10-22T09:05:00Z
Category: business
Source: MarketScreener
Original source

Global electrification company Nexans announced a 21.4% year-over-year increase in Q3 2026 standard sales, reaching €1.698 billion, with nine-month sales up 10.1% to €4.947 billion. This growth was driven by strong demand in its Grid and Connect segments. The company maintained its full-year adjusted EBITDA guidance of €770 million to €840 million and free cash flow guidance of €235 million to €325 million, indicating stable financial performance.

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