NEXANS DELIVERS ROBUST PERFORMANCE IN 2023
These two acquisitions add €500 million current sales in Electrification and enhance Nexans' global portfolio in key segments.
- These two acquisitions add €500 million current sales in Electrification and enhance Nexans' global portfolio in key segments.
- Adjusted EBITDA reached €665 million in 2023, up by a strong +8.2% versus €616 million in 2022.
- Adjusted EBITDA margin was strong at 10.2% versus 9.1% in 2022, supported by cable businesses and illustrating Nexans’ value-driven model and embedded focus on performance.
- Notable developments in 2023 included:
The accelerated deployment of the E3 performance model to ensure the convergence of Economic, Engagement and Environment pillars.