Nexans stock falls 1.99 percent as Paris trading turns lower
Published on 09/24/2026 at 16:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Nexans stock was trading at EUR 138.2 on Euronext Paris on September 24, 2026, down 1.99 percent from the previous close of EUR 141.00. The daily move puts the cable maker's market capitalization at EUR 6,277.66 million and gives investors a clear measure of the session's reversal.
September trading turns lower
The decline followed a stronger stretch earlier in the month. Nexans closed at EUR 141.00 on September 23, after reaching EUR 143.50 on September 22 and rising 1.92 percent that session. The latest price therefore sits EUR 5.30 below the September 22 close, a fall of 3.69 percent.
The price action matters because Nexans has been operating against a mixed operating backdrop. Its exposure to electrification provides structural demand, while quarterly delivery patterns and business mix continue to influence margins.
Electrification margin reaches 13.2 percent
In its H1 2026 financial update dated July 29, 2026, Nexans reported 4.5 percent organic growth in electrification and an adjusted EBITDA margin of 13.2 percent for the segment. The company also said its PWR-Transmission business was loaded through mid-2028.
That combination gives the stock a measurable operating support point even as the daily quote weakened. For investors, the key distinction is between top-line progress in electrification and the margin contribution generated by the business mix.
Historical scale remains visible
Nexans reported EUR 6.1 billion in standard sales and EUR 728 million in adjusted EBITDA for fiscal year 2025 on its investor page. Those figures are historical, but they show the scale against which the H1 2026 margin and organic-growth data should be read.
Stock closes the latest snapshot
Nexans stock was trading at EUR 138.2 on Euronext Paris on September 24, 2026. The EUR 2.80 decline from EUR 141.00 represents a 1.99 percent daily loss and keeps the market capitalization at EUR 6,277.66 million.
Nexans market and company data
- Company: Nexans S.A.
- Ticker: NEX
- Trading venue: Euronext Paris
- Price as of September 24, 2026: EUR 138.2
- Market capitalization: EUR 6,277.66 million as of September 24, 2026
- Sector / Industry: Electrical equipment and components
- Index membership: SBF 120
