Analyst Coverage and Consensus

Broker	Analyst
Alpha Value	Valentin Mory
BOFA	Georges Featherstone
BNP Exane	Miguel Borrega
Credit Suisse	Max Yates
Equita	Luigi de Bellis
Goldman Sachs	Daniela Costa
HSBC	Sean McLoughlin
JP Morgan	Akash Gupta
Kepler Cheuvreux	Matteo Bonizzoni
Morgan Stanley	Lucie Carrier
Oddo BHF	Jean-François Granjon
Société Générale	Rajesh Singla

As of 1 February 2022
€ million

 

Group	Number of estimates FY 2021	Estimated FY 2021	Number of estimates FY 2022	Estimated FY 2022	Number of estimates FY 2023	Estimated FY 2023
Sales at standard metal(1)	12	6,033	12	6,326	12	6,518
EBITDA(2)	12	455	12	526	12	582
Net Income from Operations	12	161	12	192	12	229
ROCE(3)	8	12.8%	8	13.9%	8	15.2%
Net Debt evolution - End of Period	12	74	12	38	12	-56
Free Cash Flow before M&A and equity operations	9	147	9	109	9	169

 

(1) Copper reference at €5,000/t (2) Operating Margin (OM) before depreciations (3) 12 month Operating Margin on end of period Capital Employed, restated for Antitruts provision and IFRS 16 (up to 2019)

The analysts' consensus estimates for Nexans accessible on this website are provided for informational purposes only and as a courtesy and for the convenience of our investors.

The analysts' consensus estimates are not Nexans-prepared estimates, forecasts, predictions or projections but estimates forecasts, predictions or projections regarding Nexans performance made by these analysts which are theirs alone and do not represent opinions, forecasts or predictions of Nexans or its management.

Nexans does not endorse or approve the analysts' consensus estimates or any underlying analyst's estimate that may have formed part of the analysts' consensus estimates. Nexans is not adopting the analysts’ consensus estimates.

Moreover, investors are warned that reliance on the analysts' consensus estimates as part of their investment decision could result in a loss, especially if Nexans fails to meet the analysts’ consensus estimates. Furthermore, Nexans provides no assurance with regards to the accuracy or correctness of the analysts' consensus estimates.