Added to YB: 2024-08-14
Pitch date: 2024-08-09
NEX.PA [bullish]
Nexans S.A.
+24.39%
current return
Author Info
No bio for this author
Company Info
Nexans S.A. manufactures and sells cables in France, Canada, Norway, Italy, and internationally. It operates through PWR-Grid & Connect, PWR-Transmission, and Other segments.
Market Cap
EUR 6.2B
Pitch Price
EUR 114.16
Price Target
N/A
Dividend
2.04%
EV/EBITDA
9.16
P/E
29.89
EV/Sales
0.83
Sector
Electrical Equipment
Category
growth
ClearBridge Global Value Improvers Strategy Portfolio Holding: Nexans S.A.
NEX.PA: French cable maker Nexans up on expected AI-driven demand boost for power & grid investment. Key products: offshore wind farm cables, subsea interconnections, power transmission, telecom networks, fiberoptics, electrical systems. Positive market reaction to potential growth in these sectors.
Read full article (1 min)