Idéal Investisseur
Français English
CAC 40 : Market open
7 897,76 pts
+0.31%


Last updated : 15/10/2026 - 11h04
🏠 Home   ➤    Stock news

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.


Nexans recruits Saint-Gobain executive as Chief Operating Officer

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

Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning ✓ Euronext data ✓ AI-powered analysis

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.



Sector Machines et équipements industriels › Câbles et équipements électriques


Free · every morning · before 9am
Never miss a move on your stocks
The trend behind the prices · Euronext

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

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

Advertisement
Every morning
Technical market signals,
before the opening bell.
CAC 40 · SBF 120 · Signals · Analysts
🤖
Today's edition — pre-market
CAC 40
7 702
-0,87%
SBF 120
5 827
-0,87%
📈 Bullish signals
+5,2%
+1,8%
+0,9%
📉 Bearish signals
-14%
-5,7%
🔄 Analyst opinions
▲ 35 €
▼ 80 €
Sign up to see everything →
Before 9 AM every morning
Euronext data
AI-powered analysis





BOURSE · Chaque matin
La synthèse bourse,
avant l'ouverture.
Notre moteur analyse chaque nuit le CAC 40 et le SBF 120. Ce qui mérite attention remonte directement dans votre boîte mail. Gratuit.
✓ Avant 9h00 ✓ 1000+ inscrits ✓ 100% gratuit
Gratuit · chaque matin
Ne ratez plus rien sur vos actions
La tendance derrière les cours sur les valeurs Euronext, chaque matin avant 9h.
tendance · 6 séances
📈les valeurs en mouvement, sur la durée
🎯les objectifs d'analystes qui évoluent
📰les actualités qui font bouger les cours