Nexans recruits Saint-Gobain executive as Chief Operating Officer
The cable manufacturer announced on October 14, 2026, the arrival of Stéphane Artaud in the position of Chief Operating Officer (COO). This role comes with a seat on the Executive Committee effective November 1, 2026.
Thirty years of international experience at Saint-Gobain
Stéphane Artaud brings 30 years of international experience within the Saint-Gobain group, where he held management positions in Europe, North and South America, and Asia. He led industrial development projects, production capacity optimization initiatives, and profitability improvement programs.
Since September 2022, he held the position of Vice President of Sekurit OEM Europe. Previously, he headed Saint-Gobain Abrasives operations in South America and served as General Manager of Sekurit North America.
French national, he graduated from the National School of Chemistry in Rennes. He speaks French, English, Spanish, and Portuguese.
Succession of Vijay Mahadevan, global mission
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Stéphane Artaud succeeds Vijay Mahadevan, who will now focus on Grid & Connect Europe activities. He will be tasked with driving the transformation and performance of industrial operations and supply chain management on a global scale.
He will also contribute to the implementation of the group's growth strategy by continuing the modernization and optimization of its industrial presence.
"Industrial excellence is a key lever in our growth strategy," said Julien Hueber, Chief Executive Officer of Nexans. He added that he is pleased to welcome the new COO to the Executive Committee.
SectorMachines et équipements industriels›Câbles et équipements électriques
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Context
Period
Period: S1 2026
Key reported figures
Revenue: 4 736 millions d'euros
Quarterly revenue: 4 736 millions d'euros
Revenue growth: 19,1 %
EBITDA: 379 millions d'euros
EBITDA margin: 11,9 %
Net income: 103 millions d'euros
Free cash flow: 165,5 millions d'euros
1 038 millions d'euros
Guidance from the release
Le Groupe relève ses perspectives pour 2026
Risks mentioned
Normalisation de PWR-Transmission : croissance organique de -6,2 % au deuxième trimestre 2026
Effet de mix défavorable dans PWR-Connect : marge en baisse à 11,8 % contre 13,6 %
Pays nordiques toujours contraints par les conditions de marché
Opportunities identified
Acquisition de Republic Wire : entrée sur le marché américain basse tension estimé à 12 Md€
Environ 23 M€ de synergies attendues en régime de croisière d'ici trois ans
Ligne MI de PWR-Transmission chargée jusqu'à mi-2028 et marge visée supérieure à 17 % en 2028
Outlook / guidance
Expected EBITDA: 805 millions d'euros
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