Thanks to the High Voltage business (especially Subsea HV), revenue contraction (brought by Building & Territories and Industry & Solutions) is limited. Furthermore, the company can count on a solid liquidity position of €1bn (not including the potential €280m loan guaranteed by the French State).
12 May 2020
High Voltage not enough to power up revenue growth
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High Voltage not enough to power up revenue growth
Nexans SA (NEX:PAR) | 0 0 0.3% | Mkt Cap: 1,953m
- Published:
12 May 2020 -
Author:
David Chaucayanqui -
Pages:
3
Thanks to the High Voltage business (especially Subsea HV), revenue contraction (brought by Building & Territories and Industry & Solutions) is limited. Furthermore, the company can count on a solid liquidity position of €1bn (not including the potential €280m loan guaranteed by the French State).