Nexans accelerates cable growth and plans additional production investment
Nexans ($NEX) reported third-quarter 2026 sales of €1.70 billion at standard metal prices, up 21.4% overall and 9.0% organically. Grid and connection products led growth, while transmission sales fell 4.0% organically against a demanding comparison. Nine-month sales reached €4.95 billion on the same metal-price basis, increasing 10.1% overall and 3.9% organically; acquisitions supplied a substantial part of the expansion. The group plans approximately €62 million of investment over several years
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