(CercleFinance.com) – Nexans publishes for the past year, net income up 51% to 248 million euros, EBITDA increased by 29% to 599 million and normalized cash generation up 73 % to 393 million.
At 6.74 billion euros, the standard turnover (at constant copper cost) of the cable manufacturer increased by 11.4%, including organic growth of 6.3% driven in particular by the activities of electrification (+12.9%).
Nexans will propose a dividend of 2.10 euros per share for 2022, up 75%, and declares that it is aiming for 2023 EBITDA between 570 and 630 million euros, as well as normalized cash generation between 150 and 250 million.