Added to YB: 2024-12-18
Pitch date: 2024-12-12
NEX.PA [bullish]
Nexans S.A.
+20.57%
current return
Author Info
No bio for this author
Company Info
Nexans S.A. manufactures and sells cables in France, Canada, Norway, Germany, and internationally. It operates through PWR-Grid & Connect, PWR-Grid, PWR-Connect, PWR-Transmission, Industry & Solutions, and Other segments.
Market Cap
EUR 5.2B
Pitch Price
EUR 104.26
Price Target
N/A
Dividend
2.14%
EV/EBITDA
6.51
P/E
11.41
EV/Sales
0.59
Sector
Electrical Equipment
Category
growth
Hardman Johnston International Equity New Position: Nexans S.A.
NEX.PA: French cable maker benefiting from electrification trends. Major high-voltage cable maker with integrated installation. Record backlog drives multi-year margin expansion. Strategic focus on high-margin, high-voltage orders. Disposing non-core Industrial Cables segment to fund growth.
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