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(April 2024) (Learn how and when to remove this message)
Nexans S.A.
TypeSociété Anonyme
Traded as
Euronext: NEX
CAC Next 20
ISINFR0000044448 Edit this on Wikidata
IndustryManufacturing, technology
Founded2000
HeadquartersParis,
France
Key peopleJulien Hueber, CEO [1]
ProductsPower and data cables for building & territories, high voltage, data and telecoms, renewable energy, oil & gas, automation, transport
RevenueIncrease €8.54 billion (2024)[2]
Operating income
Increase €513 million (2024)
Net income
Increase €283 million (2024)
Number of employees
>28,500 (average, 2024)
Websitewww.nexans.com
Nexans office in Markham, Ontario, Canada

Nexans S.A. is a global company in the cable and optical fibre industry headquartered in Paris, France.[3][4]

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.[5][6][7]

It is the world's second largest manufacturer of cables after Prysmian S.p.A.[8] In 2017 the Group operated in 34 countries with over 26,000 employees and sales of around €6.4 billion.[9]

History

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.[10] It is currently listed on Euronext Paris, Compartment A.

In 2012, Nexans completed acquisition of Australian cable maker Olex to become Nexans Olex[11]. Nexans currently operate the Lillydale, Victoria cable manufacturing plant which is Australia's second largest cable production plant after Prysmian's in Liverpool, NSW.

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.[12]

In 2020 Nexans shut down its Chester, New York factory and exited the US building wire market.[13] In 2021 a new facility was launched in China.[14]

References

  1. ↑ "Nexans new leadership: appointment of Julien Hueber to succeed Christopher Guérin as Chief Executive Officer" (PDF). www.nexans.com. 2025-10-13.
  2. ↑ "2024: A record-breaking performance" (PDF). Nexans. Retrieved 19 February 2025.
  3. ↑ "Analysts Are Updating Their Nexans S.A. (EPA:NEX) Estimates After Its Interim Results". simplywall.st. 30 July 2021. Retrieved 2021-07-31.
  4. ↑ Ltd, Renews (2021-07-28). "Nexans HV earnings hit by lack of repair contracts". reNEWS - Renewable Energy News. Retrieved 2021-07-31.
  5. ↑ Largue, Pamela (2021-07-30). "Equinor's first offshore floating solar plant to use Nexans cable". Power Engineering International. Archived from the original on 2021-10-19. Retrieved 2021-07-31.
  6. ↑ "Nexans' Cable for World's First Harsh-environment Floating Solar Plant". Offshore Engineer Magazine. 2021-07-28. Retrieved 2021-07-31.
  7. ↑ Nexans (2021-07-28). "Nexans: Strong Performance Supports Structural Value Growth". GlobeNewswire News Room (Press release). Retrieved 2021-07-31.
  8. ↑ "Prysmian Group Tops Nexans in the Global Specialty Cable Market in 2011". www.china-power-transformer.com.
  9. ↑ 2017 Registration document Archived 2021-10-16 at the Wayback Machine, Nexans
  10. ↑ "Nexans rises on debut". CNN Money. 13 June 2001. Archived from the original on July 11, 2010. Retrieved 2009-09-13.
  11. ↑ "Nexans Olex History". Nexans Australia. 2013. Retrieved 2026-01-06.
  12. ↑ Skopljak, Nadja (November 10, 2022). "Nexans inks reservation agreement for EuroAsia Interconnector".
  13. ↑ "75-year-old Chester cable maker to close, nearly 200 to be laid off".
  14. ↑ Ltd, Renews (2021-07-02). "Nexans opens new cable facility in China". reNEWS - Renewable Energy News. Retrieved 2021-07-31.

External links

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  • Documents and clippings about Kabel Rheydt AG in the 20th Century Press Archives of the ZBW
Retrieved from "https://en.wikipedia.org/w/index.php?title=Nexans&oldid=1380738926"
Categories:
  • CAC Next 20
  • Computer companies of France
  • Computer hardware companies
  • Manufacturing companies based in Paris
  • Networking hardware companies
  • Wire and cable manufacturers
  • Multinational companies headquartered in France
  • Electronics companies established in 2000
  • French brands
  • French companies established in 2000
  • 2001 initial public offerings
  • Alcatel-Lucent
  • Corporate spin-offs
  • Companies listed on Euronext Paris
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