Nexans S.A. (NEX.PA)
- Reuters
$992 million UK lawsuit against European power cable groups gets go-ahead
A 790 million-pound ($992 million) mass lawsuit against major European power cable suppliers over claims a cartel led to inflated electricity charges for British consumers can proceed to trial, a London tribunal has ruled. The case seeking damages from Italy's Prysmian, France's Nexans and Denmark's NKT for around 30 million consumers in Britain was certified by the Competition Appeal Tribunal (CAT) last month, according to a ruling published on Friday. Clare Spottiswoode, the former head of Britain's gas regulator, is spearheading the lawsuit, which follows on from the European Commission's 2014 finding that Prysmian, Nexans, NKT and others had operated a 10-year power cable cartel.
- GlobeNewswire
Information on share capital and voting rights - April 2024
Information on share capital and voting rights April 2024 Statement made in accordance with article L. 233-8 II of the French commercial Code and articles 221-1 2 ° f) and 223-16 of the AMF Regulations. May 2nd, 2024 Statement made by: Nexans S.A.Registered office : 4 Allée de l’Arche - 92400 CourbevoieRCS Nanterre 393 525 852Regulated market of Euronext Paris (Compartment A) Date Total number of shares Total number of voting rights Theorical (1) Exercisable (2) April 30th, 2024 43,753,380 43,75
- Globe Newswire
First quarter 2024 financial information: Good start to the year
Good start to the year _PRESS RELEASE_ First quarter 2024 standard sales of €1,692 million, up +2.8% organically year-on-year and up +4.7% excluding Other activitiesElectrification businesses up +6.7% organically, reflecting double digit growth in Generation & Transmission segment and an acceleration in electrification trends globally Record adjusted backlog for Generation & Transmission, mainly subsea-driven, at €6.7 billion, up +10.2% compared to December 2023Electrification Pure Player profil
