Beneficiary of Digitalization and Electrification!
The company is pursuing a strategy to become a pure player in electrification. This step could unlock margin potentials!
Rising investments in infrastructure are likely to provide growth impulses!
Reading Time: 1 minute
The French Nexans S.A. (i.) managed to convince investors on February 19 following the presentation of the fundamental data for the completed year 2024 and the outlook for the period from 2025 to 2028. Accordingly, the company will increasingly focus on electrification and the related rising demand for high-voltage cables, driven by the transition to clean energy and AI. Analysts forecast an average annual EBITDA growth rate of 25% for Nexans' high-voltage segment between 2024 and 2027. Furthermore, the company aims to increase the EBITDA margin...
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