Operating in Istanbul, Denizli and Tuzla in Türkiye, Nexans Group operates in 39 countries with approximately 12,830 employees. Nexans, listed on Euronext Paris, continued its growth in the first half of 2026, supported by high value-added areas such as data centers, energy infrastructures and grid modernization.
Group adjusted EBITDA increased by 4.3% on an annual basis, reaching 387.7 million euros, while the adjusted EBITDA margin calculated on standard sales was 11.9%. Adjusted EBITDA in electrification activities increased by 5.2%, while adjusted EBITDA margin reached 13.2%.
In line with the improved first half performance and visibility for the remainder of the year, Nexans revised its 2026 expectations upward. Accordingly, EBITDA is expected to increase from the previously anticipated range of 730–810 million euros to the range of 770–840 million euros, while the cash flow expectation was increased from the range of 210–310 million euros to the range of 235–325 million euros.
ELECTRIFICATION PROTECTS ITS POWER, DATA CENTERS INVESTMENTS SUPPORT GROWTH
Electrification demand continues to grow on a global scale with the impact of energy transformation, grid modernization, renewable energy investments and digitalization. The results announced by Nexans reveal that investments, especially in energy infrastructures and new generation networks, maintain their strong course.
Data centers are among the markets contributing to the growing need for reliable, efficient and resilient energy infrastructures. Nexans continues to respond to the changing needs in this field with its advanced cable solutions portfolio and global production network.
Türkiye operations are among the centers that contribute to this growth with production, R&D and export activities within the group. With its production capacity, engineering expertise and export network, Nexans Türkiye contributes to the group's electrification strategy.
Türkiye HAS A SIGNIFICANT POTENTIAL IN R&D AND PRODUCTION
Nexans Türkiye exports to more than 50 countries, especially Europe, with its high fire safety and flexible cable solutions developed and produced in its facilities in Denizli and Tuzla. The continued growth of data center investments on a global scale, accelerated by artificial intelligence and digital transformation, also supports Türkiye's production and export potential in this field.
Nexans Middle East and Africa Regional President Atilla Kurtiş stated that global electrification investments create important opportunities for Türkiye and said:
"Modernization of energy infrastructures, digitalization and new investment areas driven by artificial intelligence increase the demand for cable and connection solutions on a global scale. As Nexans, we see that electrification is accelerating in all markets in which we operate. The results announced throughout the group reveal that this transformation is not a temporary trend, but a long-term structural growth area."
"Turkey is an important part of this transformation with its strong industrial infrastructure, engineering competencies and strategic location. The solutions we developed in our facilities in Denizli and Tuzla are used in many markets, especially Europe. We continue to strengthen the position of our fire-safe solutions, especially for data centers, energy infrastructures and critical facilities, in international markets. As Nexans Turkey, we will continue to be one of the important stakeholders of this transformation with our R&D, production and export capabilities."
NEXANS GROUP 2026 SEMESTER RESULTS
Standard sales: 3,248.6 million euros (5.0% increase year on year)
Organic growth across the group: 1.5%
Organic growth in electrification activities: 4.5%
Group adjusted EBITDA: 387.7 million euros (4.3% increase year-on-year)
Group adjusted EBITDA margin: 11.9%
Adjusted EBITDA margin on electrification activities: 13.2%
Net profit: 105.9 million euros
Adjusted EBITDA target for 2026: 770–840 million euros (previous expectation: 730–810 million euros)
2026 free cash flow target: 235–325 million euros (previous expectation: 210–310 million euros)
