Nexans Q1 2024 Financial Results Earnings

Nexans reported Q1 2024 financial results showing organic growth acceleration in electrification businesses with 2.8% sales growth and standard sales organic growth of 6.7%. The company announced the landmark acquisition of La Triveneta Cavi in Italy and recorded a backlog exceeding €800m in Generation & Transmission, while maintaining a robust balance sheet with €6.7bn and €350m bond issuance.