ENXTPA:NEXElectrical
Nexans (ENXTPA:NEX) Completes Autoelectric Sale, Is The Electrification Upside Already Priced In?
Nexans (ENXTPA:NEX) has completed the sale of its Autoelectric wiring harness business to Samvardhana Motherson International for an enterprise value of €207 million, marking a full exit from its remaining non electrification activities.
See our latest analysis for Nexans.
Nexans’ latest portfolio reshaping comes as the stock has shown mixed momentum, with a 20.14% 90 day share price return and a weaker 30 day share price return. At the same time, the 1 year total shareholder return of 36.54%...