Nexans raises its full-year EBITDA and cash generation outlook – 07/27/2022 at 07:37


July 27 (Reuters) – Nexans SA NEXS.PA:

* STANDARD SALES IN H1 +5.1% ORGANIC AT 3.40 BILLION EUROS

* EBITDA IN H1 AT 308 MLNS OF EUROS VS. 222 MLNS OF EUROS LAST YEAR

* NET INCOME (GROUP SHARE) IN H1 AT 199 MILLION EUROS VS 81 MILLION EUROS LAST YEAR

* 2022 OUTLOOK: EBITDA BETWEEN 560-590 MLNS EUROS (PREVIOUSLY 500-540 MLNS EUROS)

* 2022 OUTLOOK: NORMALIZED CASH GENERATION BETWEEN 200-250 MLNS EUROS (PREVIOUSLY 150-200 MLNS EUROS)

* POWER GENERATION AND TRANSMISSION: THE ADJUSTED ORDER BOOK STANDS AT 2.2 BILLION EUROS AT THE END OF JUNE 2022, UP 51%

Original text on Eikon For more details, click on NEXS.PA

(Editor from Gdansk)



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