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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Nexans
Nexans (NEX) investor relations material
Nexans Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary22 Oct, 2026
Executive summary
9M standard sales reached €4,946.7m, up 10.1% year over year including 3.9% organic growth; Q3 sales were €1,698.2m, up 9.0% organically.
Electrification grew 5.3% organically in 9M and 7.1% in Q3, led by Grid and Connect; Transmission growth normalized.
FY2026 guidance was confirmed; Republic Wire integration progressed on plan and a €500m bond refinanced its acquisition bridge loan.
Financial highlights
9M standard sales increased from €4,492.2m to €4,946.7m, with 3.9% organic growth, 5.6% scope impact and 0.6% FX impact.
Q3 standard sales rose from €1,398.7m to €1,698.2m; growth comprised 9.0% organic, 9.6% scope and 2.8% FX.
9M Electrification sales were €4,345.6m, up 5.3% organically; Other Activities sales were €601.2m, down 5.2% organically.
Outlook and guidance
FY2026 guidance confirmed: Adjusted EBITDA of €770m–€840m and free cash flow of €235m–€325m.
Guidance excludes Great Sea Interconnector execution in 2026 and future acquisitions; it includes MI line loading at year-end and Republic Wire from June 1.
Q4 organic growth is expected to be slightly below Q3; Grid and Connect are expected to grow, with less exceptional Connect growth.
2027–2028 organic growth commitment remains 3%–5% year over year; Transmission is expected to return to mid-term growth guidelines in 2027.
2028 targets include €1,150m Adjusted EBITDA (±€75m), 3%–5% 2024–2028 Electrification organic sales CAGR, FCF conversion above 45%, ROCE above 20%, payout of at least 30% and leverage no more than 1.0x.
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Latest events from Nexans
- Upgraded 2026 guidance follows strong H1 growth, electrification, and Republic Wire acquisition.NEX
H1 2026 - Record growth, U.S. expansion, and all key resolutions adopted, with a €2.90 dividend proposed.NEXAGM 2026
- Q1 2026 electrification growth and Republic Wire deal drive sales and U.S. expansion.NEXQ1 2026
- Record growth, margin expansion, and electrification focus drive strong 2025 results.NEXH2 2025 & Status update
- Julien Hueber named CEO, ensuring strategic continuity and focus on operational excellence.NEXStatus update
- Strong 9M 2025 organic growth and EPS-accretive Canadian acquisition support 2025 outlook.NEXQ3 2025
- Targets €1.15bn EBITDA by 2028, with electrification, AI, and sustainability as key growth drivers.NEXCMD 2024
- Upgraded 2024 outlook follows strong H1 growth, margin expansion, and acquisition integration.NEXH1 2024
- Record financials, electrification focus, and all AGM resolutions adopted.NEXAGM 2025
Next Nexans earnings date
Q4 202624 Feb, 2027
Nexans
Next Nexans earnings date
Q4 202624 Feb, 2027
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Frequently asked questions
Nexans S.A. is a global leader in the design and manufacturing of cable systems and services. The company provides a broad range of products, including power cables, communication cables, and high-voltage solutions, serving industries such as energy, telecommunications, construction, and transportation. Nexans is involved in the development of infrastructure for power transmission, renewable energy projects, data transmission, and electrification. Its offerings include cables for utilities, industrial applications, and residential purposes, with a focus on sustainability and energy efficiency. The company is headquartered in Courbevoie, France, and its shares are listed on the Euronext Paris.