Nexans publishes full-year 2021 earnings

Image: Nexans

“2021 earnings illustrate our perfect alignment with our 10-year industrial view, named “New Nexans”, presented in November 2018 and for which we have closed the first chapter," Christopher Guérin, Nexans’ Chief Executive Officer, said.

Official Press Release Nexans:

Nexans: Full-year 2021 earnings

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Successful turnaround. Powering ahead to full-fledged electrification pure player.

Strong 2021 execution across all businesses drives outstanding EBITDA, Free Cash Flow and ROCE performance High quality 2.2 billion euros adjusted Subsea High Voltage backlog reflecting unique risk-reward model As per new strategic plan, investment in Halden plant capacity extension initiated Upturn in net income at 164 million euros supported by copper price increase Proposed dividend of 1.2 euro per share, progressing from 0.7 euro in 2020 On track on our ESG Commitments, and stepping up thanks to the appointment of Marc Grynberg as “Climate Director” Successful turnaround as Nexans closes the first chapter of... ... More: Official Press Release Nexans