High 9M 2025 Group organic growth at +5.8%, including +7.7% organic growth in Q3 2025
Standard sales of €5,331 million in the first nine months of 2025, up +5.8% organically year on year
Electrification businesses up +9.4% organically in the first nine months of 2025 and up +12.6% organically in the third quarter of 2025
Strong adjusted backlog for PWR-Transmission, mainly subsea-driven, at €7.9 billion, up +27% compared to September 2024
Today, Nexans announces the signing of an agreement to acquire Electro Cables in Canada, further strengthening its positioning in PWR-Connect segment
In September, The European Investment Bank (EIB) has provided a €250 million financing (undrawn) to Nexans supporting the Group in its R&D and innovation projects
Full-year 2025 guidance confirmed, as upgraded in July 2025 :
Adjusted EBITDA of between €810 million and €860 million
Free Cash Flow of between €275 million and €375 million
Excluding six months of Lynxeo, including seven months of Cables RCT and excluding future changes of scope
Paris, October 23, 2025, Nexans, a global leader in the design and manufacturing of cable systems to power the world, announces its financial information for the first nine months of 2025. Commenting on the Group's performance, Julien Hueber, Nexans' Chief Executive Officer, said: "Our ambition is clear: to strengthen Nexans' leadership in Electrification and expand our value creation model: from execution to expansion.The first nine months of 2025 confirm the solid and disciplined growth of our Electrification businesses with +9.4% organic growth and +12.6% in the third quarter 2025. This performance reflects that we continue to deliver on our commitments fueled by our sharp focus on high added value solutions and a selective approach that allows us to capture strong underlying trends across the Electrification markets. As expected, we saw signs of recovery in Q3 in our PWR-Connect segment while PWR-Transmission and PWR-Grid maintained their strong momentum.Along with this robust performance, we are pleased to announce today the acquisition of Electro Cables in Canada. This represents another major step for Nexans, reinforcing its ambition to become a pure player in Electrification through high added value solutions. This acquisition will create significant value thanks to the attractive growth and robust profitability perspectives. This transaction illustrates our ongoing efforts to nurture a rich pipeline of opportunities, with targeted M&A being at the core of our strategy to further expand our value creation model.Our ambition is to strengthen Nexans' competitiveness while amplifying selective, profitable growth in Electrification. I am convinced that the continuity of our disciplined execution and focus on performance will continue to drive long-term value creation."
CONSOLIDATED SALES BY SEGMENTAt standard metal prices (copper reference at €5,000/ton)
(in millions of euros)
9M 2025
9M 2024Pro forma
Organic growth
Electrification
3,841
3,351
+9.4%
PWR-Transmission
1,115
899
+25.3%
PWR-Grid
989
945
+6.7%
PWR-Connect
1,737
1,507
+1.4%
Non-electrification*
868
1,247
-6.0%
Total excl. Other activities
4,708
4,598
+6.0%
