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11/8/13 - €2.50
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nexans hellas sa (ALKA) Details

Nexans Hellas S.A. produces and sells various cables in Greece and internationally. The company operates in two segments, Energy Cables and Telecom Cables. The Energy Cables segment offers low, medium, and high voltage energy cables, as well as bare conductors of copper, aluminum, and aluminum alloys. The Telecom Cables segment provides paper- or plastic-insulated telecommunications cables; and land and submarine optical fiber cables. The company also offers LAN cabling systems and power accessories. It provides its products for airport infrastructure, local area network, mining, telecom network, automotive, building, wind turbine, nuclear, oil, gas and petrochemical, port infrastructure, aerospace, defense and spacepower network, railway network, rolling stock, shipbuilding and navy, automation, windfarm, handling, building, and photovoltaic applications. The company is based in Athens, Greece. Nexans Hellas S.A. is a subsidiary of Nexans Participations S.A.

Founded in 1994

nexans hellas sa (ALKA) Top Compensated Officers

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nexans hellas sa (ALKA) Key Developments

Nexans Hellas SA, H1 2014 Earnings Call, Jul 25, 2014

Nexans Hellas SA, H1 2014 Earnings Call, Jul 25, 2014

Nexans Hellas SA, Q1 2014 Earnings Call, May 06, 2014

Nexans Hellas SA, Q1 2014 Earnings Call, May 06, 2014

Nexans Hellas SA Reports Group Sales Results for the Fourth Quarter of 2013 and Earnings Results for 2013; Provides Earnings Guidance for 2014

Nexans Hellas SA reported group sales results for the fourth quarter of 2013 and earnings results for 2013. For the year, net loss attributable to group was EUR 333 million or EUR 10.66 per diluted share, reflecting the recognition of restructuring provisions and costs and net asset impairment for EUR 310 million in total against net profit attributable to group of EUR 27 million or EUR 0.90 per diluted share a year ago. Net debt was EUR 337 million, including the impact of a EUR 284 million rights issue carried out in November 2013. Excluding this impact, net debt remained stable year on year. Sales for 2013 totaled EUR 6.711 billion compared with EUR 7.178 billion in 2012. However, in the fourth quarter of the year group sales were up slightly on both the third quarter of 2013 (1.1% higher) and the fourth quarter of 2012 (0.5% higher). In 2014, the group therefore expects to see an increase in its operating margin. In addition, the implementation of the reorganization measures ­ notably the restructuring plans ­ would have an impact on the net debt.


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