Nexans aims to improve its EBITDA in 2022


Feb 16 (Reuters) – Nexans said in a statement on Wednesday:

* NEXANS – 2021 EBITDA OF EUR 463 MLNS VS EUR 347 MLNS A YEAR AGO

* NEXANS – NET INCOME GROUP SHARE OF EUR 164 MLNS IN 2021 VS EUR 80 MLNS A YEAR AGO

* NEXANS – NET DEBT EUR 74 MLNS AT DECEMBER 31, 2021 VS EUR 179 MLNS A YEAR AGO

* NEXANS – PROPOSED DIVIDEND OF 1.2 EURO PER SHARE VS. 0.7 EURO IN 2020

* NEXANS – ANNOUNCED 2022 OBJECTIVES: EBITDA BETWEEN 500 AND 540 MILLION EUROS AND NORMATIVE CASH GENERATION (FREE CASH-FLOW) BETWEEN 150 AND 200 MILLION EUROS

* NEXANS – STANDARD REVENUE OF EUR 6.05 BILLION IN 2021 VS EUR 5.71 BILLION A YEAR AGO

* NEXANS – HIGH QUALITY OF THE ADJUSTED SUBMARINE HIGH VOLTAGE ACTIVITY ORDER BOOK OF EUR 2.2 Bn REFLECTING A UNIQUE RISK-RETURN MODEL

* NEXANS – CASH GENERATION AT THE END OF DECEMBER EUR 179 MLNS AGAINST EUR 157 MLNS A YEAR AGO Original text on Eikon For more details, click on [ ]
(Paris office)



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