# Nexans reports €1.698 billion in third-quarter sales as grid segment grows > Nexans reported third-quarter revenue of €1,698 million and confirmed its 2026 guidance. Grid-related sales rose organically, and the company announced a preferred-supplier agreement for a 132 kV Mallorca–Menorca cable project. - **Source date:** 2026-10-22 - **Original source:** [Nexans](https://www.nexans.com/events/q3-2026-financial-information/) - **Reading time:** 4 min read - **Language:** English - **URL:** https://voltformer.com/news/france-nexans-q3-2026-revenue-grid-segment-mallorca-menorca - **Markdown:** https://voltformer.com/news/france-nexans-q3-2026-revenue-grid-segment-mallorca-menorca.md - **Keywords:** France, Nexans, Power grids, Cable systems, Interconnection, Industry assessment ## Quarterly sales and outlook French cable manufacturer Nexans published its third-quarter 2026 financial information on 22 October. Its investor materials say momentum was exceptionally high in the PWR-Grid and PWR-Connect businesses, while PWR-Transmission continued a normalization in growth; the company confirmed its 2026 guidance. Investing.com reported quarterly revenue of €1,698 million, with organic growth of 9% against a 4.6% consensus estimate. The report’s revenue figure and its comparison with analyst expectations are secondary reporting, while Nexans’ publication page confirms the date of the company release. Quarterly revenue is a measure of sales over the period, not profit or cash generation. The company’s guidance remains a forward-looking target, and the announcement does not establish that the full-year result has already been achieved. [Nexans Q3 financial information](https://www.nexans.com/events/q3-2026-financial-information/) · [Investing.com](https://www.investing.com/news/stock-market-news/nexans-reports-q3-revenue-beat-driven-by-grids-segment-growth-93CH-4964857) ## Grid business leads segment growth Investing.com said the PWR-Grid segment generated €364 million of revenue, 14.8% organic growth and 9% above the consensus figure cited in its article. It attributed demand to utilities, data centres, large projects and accessories, and reported Nexans was adding capacity in accessories and medium-voltage cables. The same account said PWR-Transmission revenue was €378 million with organic growth of negative 4%, while PWR-Connect revenue was €750 million and organic growth reached 10.5%. These business lines serve different markets and should not be collapsed into one measure of grid investment. The reported expansion plans indicate the company’s stated response to demand, but the article does not quantify new manufacturing capacity, delivery dates or how much of the reported segment growth came from any single end market. [Investing.com](https://www.investing.com/news/stock-market-news/nexans-reports-q3-revenue-beat-driven-by-grids-segment-growth-93CH-4964857) · [Nexans investor information](https://www.nexans.com/finance/) ## A Mallorca–Menorca cable project The financial-results coverage also reported that Nexans had signed a preferred-supplier agreement with Spanish grid operator Red Eléctrica for the Mallorca–Menorca 3 interconnection project. The reported scope includes a 132 kV HVAC cable. Investing.com said the tender included a six-month collaborative engineering phase before a planned engineering, procurement, construction and installation contract signature and a delivery start in mid-2027. This is a preferred-supplier agreement and planned project sequence, not evidence in the cited article that the later EPCI contract has already been signed or that cable delivery has begun. The project adds a specific infrastructure example to the company’s grid-segment results, but its value and the volume of cable were not given in the source summary. Those omissions limit any calculation of the contract’s contribution to Nexans’ revenue or segment backlog. [Investing.com](https://www.investing.com/news/stock-market-news/nexans-reports-q3-revenue-beat-driven-by-grids-segment-growth-93CH-4964857) ## Analysis and limits The reported quarter combines growth in grid-related activities with different results across the company’s business lines. The data support a narrow reading: PWR-Grid grew organically and Nexans confirmed its annual targets, while the Mallorca–Menorca agreement points to one planned transmission project. They do not establish a broad acceleration in all transmission markets, nor do they show that the interconnection contract is financially material to group results. For buyers and project developers, capacity additions in accessories and medium-voltage cables could be relevant to supply availability, but no output quantity or lead-time detail is reported. The preferred-supplier status is also an intermediate commercial milestone. A more complete assessment would need the signed EPCI contract, its value and schedule, and later segment reporting. Until then, revenue and project details should remain attributed to the named company materials and secondary report. [Nexans Q3 financial information](https://www.nexans.com/events/q3-2026-financial-information/) · [Investing.com](https://www.investing.com/news/stock-market-news/nexans-reports-q3-revenue-beat-driven-by-grids-segment-growth-93CH-4964857) ## Other languages - [en](https://voltformer.com/news/france-nexans-q3-2026-revenue-grid-segment-mallorca-menorca) - [tr](https://voltformer.com/tr/news/france-nexans-q3-2026-revenue-grid-segment-mallorca-menorca) - [de](https://voltformer.com/de/news/france-nexans-q3-2026-revenue-grid-segment-mallorca-menorca) - [ru](https://voltformer.com/ru/news/france-nexans-q3-2026-revenue-grid-segment-mallorca-menorca) - [es](https://voltformer.com/es/news/france-nexans-q3-2026-revenue-grid-segment-mallorca-menorca) - [ar](https://voltformer.com/ar/news/france-nexans-q3-2026-revenue-grid-segment-mallorca-menorca) - [it](https://voltformer.com/it/news/france-nexans-q3-2026-revenue-grid-segment-mallorca-menorca) - [pt](https://voltformer.com/pt/news/france-nexans-q3-2026-revenue-grid-segment-mallorca-menorca) [Company and energy news](https://voltformer.com/news.md) · [Voltformer catalog](https://voltformer.com/catalog)