Nexans

Last updated
Nexans S.A.
Company type Société Anonyme
Euronext:  NEX
CAC Mid 60 Component
SBF 120
ISIN FR0000044448  OOjs UI icon edit-ltr-progressive.svg
IndustryManufacturing, technology
Founded2000
HeadquartersParis,
France
Key people
Christopher Guérin (CEO) Jean Christophe Juillard (DG)
ProductsPower and data cables for building & territories, high voltage, data and telecoms, renewable energy, oil & gas, automation, transport
RevenueIncrease2.svg €8.54 billion (2024) [1]
Increase2.svg €513 million (2024)
Increase2.svg €283 million (2024)
Number of employees
>28,500 (average, 2024)
Website www.nexans.com
Nexans office in Markham, Ontario, Canada NexansCanada2.jpg
Nexans office in Markham, Ontario, Canada

Nexans S.A. is a global company in the cable and optical fibre industry headquartered in Paris, France. [2] [3]

The group is active in four main business areas: buildings and territories (construction, local infrastructure, smart cities / grids, e-mobility), high voltage and projects (offshore wind farms, subsea interconnections, land high voltage), data and telecoms (telecom networks), data transmission, FTTx, LAN cabling, renewable energies, petroleum, railways and rolling stock, aeronautical and automation. [4] [5] [6]

It is the world's second largest manufacturer of cables after Prysmian S.p.A. [7] In 2017 the Group operated in 34 countries with over 26,000 employees and sales of around €6.4 billion. [8]

Nexans was founded in 2000 as a business unit of the telecommunications firm Alcatel after its acquisition of a number of companies in the cable sector. It was spun out and listed on the Paris stock exchange the following year. [9] It is currently listed on Euronext Paris, Compartment A.

Nexans signed an agreement in 2022 to supply and install HVDC cables for EuroAsia Interconnector, the longest and the deepest HVDC subsea cable project ever, with bi-pole cables of 2x900km. [10]

In 2020 Nexans shut down its Chester, New York factory and exited the US building wire market. [11] In 2021 a new facility was launched in China. [12]

References

  1. ↑ "2024: A record-breaking performance" (PDF). Nexans. Retrieved 19 February 2025.
  2. ↑ "Analysts Are Updating Their Nexans S.A. (EPA:NEX) Estimates After Its Interim Results". simplywall.st. 30 July 2021. Retrieved 2021-07-31.
  3. ↑ Ltd, Renews (2021-07-28). "Nexans HV earnings hit by lack of repair contracts". reNEWS - Renewable Energy News. Retrieved 2021-07-31.
  4. ↑ Largue, Pamela (2021-07-30). "Equinor's first offshore floating solar plant to use Nexans cable". Power Engineering International. Retrieved 2021-07-31.
  5. ↑ "Nexans' Cable for World's First Harsh-environment Floating Solar Plant". Offshore Engineer Magazine. 2021-07-28. Retrieved 2021-07-31.
  6. ↑ Nexans (2021-07-28). "Nexans: Strong Performance Supports Structural Value Growth". GlobeNewswire News Room (Press release). Retrieved 2021-07-31.
  7. ↑ "Prysmian Group Tops Nexans in the Global Specialty Cable Market in 2011".
  8. ↑ 2017 Registration document, Nexans
  9. ↑ "Nexans rises on debut". CNN Money . 13 June 2001. Retrieved 2009-09-13.
  10. ↑ Nexans inks reservation agreement for EuroAsia Interconnector
  11. ↑ "75-year-old Chester cable maker to close, nearly 200 to be laid off".
  12. ↑ Ltd, Renews (2021-07-02). "Nexans opens new cable facility in China". reNEWS - Renewable Energy News. Retrieved 2021-07-31.
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