EURONEXT-PAR$NXPRF

Nexans SA · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Nexans SA reported Q1 2026 standard sales of €1,496.8 million, up 1.3% year-over-year with 0.1% organic growth.

Nexans delivered a solid start to 2026 driven by robust +4.9% organic growth in its Electrification businesses. Standard sales reached €1,496.8 million, supported by strong performance in PWR-Transmission and PWR-Grid segments. The company confirmed its full-year 2026 guidance and announced the strategic acquisition of Republic Wire in the US.

  • Electrification organic growth of +4.9% in Q1 2026, with PWR-Transmission at +8.8% and PWR-Grid at +5.7%.
  • Group standard sales €1,496.8 million (+1.3% YoY), current sales €2.1 billion.
  • Adjusted backlog in PWR-Transmission at €7.9 billion, providing visibility through 2028.
  • Full-year 2026 guidance confirmed: Adjusted EBITDA €730-810 million and Free Cash Flow €210-310 million.

Headline financials

Total Revenue

€1.7B

No prior period

Revenue by segment

Nexans · €1.5B total across 4 segments · Q1 2026

  • PWR-Connect
    €647M
  • PWR-Transmission
    €342M
  • PWR-Grid
    €322M
  • Other activities
    €186M

Forward guidance

Full-year 2026 guidance confirmed with Adjusted EBITDA between €730 million and €810 million and Free Cash Flow between €210 million and €310 million.

Tailwinds

  • Robust underlying demand in electrification
  • Strategic US expansion via Republic Wire acquisition
  • Strong backlog visibility through 2028

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