Nexans SA (EURONEXT:NEX) upgraded full-year targets after H1 results — adjusted EBITDA €387.7M, net income €105.9M and sales €3.25B — raising FY EBITDA to €770–€840M and free cash flow to €235–€325M while launching a buyback of up to 176,005 shares to cover equity plans.
Previous Week Recap
- Nexans SA Lifts FY EBITDA Guidance: Nexans (NEX) lifted FY adjusted EBITDA guidance to €770–€840M and raised free cash flow outlook to €235–€325M after H1 adjusted EBITDA €387.7M, H1 net income €105.9M, H1 sales €3.25B
- Nexans SA Share Repurchase Plans: Nexans SA (NEX) to repurchase up to 176,005 shares to cover employee and executive equity plans; buys to be executed by a broker from July 30, 2026 to Feb 28, 2027.
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