Press Releases

Mixed Shareholder Meeting of May 11, 2017

5/11/17

Paris, May 11, 2017 – Nexans Mixed Shareholders’, held on May 11, 2017 at the Palais des Congrès in Paris, approved all the 26 resolutions proposed to the shareholders by the Board of Directors.

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2017 first-quarter financial information

5/3/17

Paris, May 3, 2017 – Today, Nexans announced that its sales for the first-quarter of 2017 amounted to 1,570 million euros

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Preparatory information and documents for the Mixed Shareholders’ Meeting of May 11, 2017

The Mixed Shareholders’ Meeting will be held on Thursday May 11, 2017 at 2.30 p.m., at Palais des Congrès, Auditorium Havane (2, place de la Porte Maillot, Paris 17th).

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Prospectus related to bond issue

4/3/17

Paris, April 3rd, 2017 – The prospectus for admission to trading on the regulated market of Euronext Paris of a bond of € 200 million bearing interest at 2.75% per annum and maturing on April 5, 2024, was approved by the AMF under number 17-130.

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Successful placement of a bond issue in the amount of 200 milion euros, maturity April 5, 2024

3/29/17

Nexans successfully placed a € 200 million bond issue today. This fixed rated issue has a maturity of 7-years (April 5, 2024 term) and an annual coupon of 2.75 % p.a..

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Nexans celebrates 40 years since commissioning of the Skagerrak interconnector submarine link

For decades, high-voltage direct current (HVDC) mass impregnated (MI) cables have been the preferred solution for long-distance submarine transmission.

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Nexans' 2016 Registration Document

3/20/17

The 2016 Registration document has been filed with the AMF (Autorité des Marchés Financiers) on March 20, 2017.

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Nexans and ffly4u connect customers to their cable drums through the Internet of Things

Nexans and ffly4u, the industrial Internet of Things (IoT) specialist, are pioneering a tracking and management service that not only lets DSO customers know the exact location of their drums, it even tells them how much cable is left.

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2016 Full-Year Results

2/9/17

Paris, February 9, 2017 – Today, Nexans published its financial statements for the year ended December 31, 2016, as approved by the Board of Directors at its February 8, 2017 meeting chaired by Georges Chodron de Courcel.

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Nexans’ HV cables to connect ScottishPower Renewables’ 714 MW wind farm to shore

ScottishPower Renewables has chosen Nexans’ submarine cables to carry energy onshore from its new 714 MW East Anglia ONE offshore windfarm.

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Nexans secures around € 300 million contract to supply LV cables for infrastructure projects in Qatar through its QICC JV with Al Mirqab capital

12/27/16

Qatar General Electricity and Water Corporation (Kahramaa), has recently signed a contract with Nexans for power cables.

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Nexans integrates its Russian activities into its local partner Impex Electro

12/16/16

Nexans keeps its current minority shareholding in Impex Electro.

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Nexans to connect continents to bring high speed broadband to West Africa

Huawei Marine Networks has awarded Nexans the contract to supply 6000 km of their second generation submarine Repeatered Optical Cables (ROC) for Phase II of the National Broadband Network (“NBNII”) project linking Cameroon and Brazil.

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DONG chooses Nexans subsea cable to link Hornsea Project One offshore wind farm

Danish company DONG Energy Wind Power A/S has contracted Nexans to supply and terminate a total of 139 km of three-phase subsea cable for the first of three construction phases of the Hornsea Project One wind farm, located off the Yorkshire coast.

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Nexans launches PVC-free MOTIONLINE® HALEX automation cables

Nexans has launched the new MOTIONLINE® HALEX cable series, a range of halogen-free flexible automation cables for industrial applications.

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2016 Third-Quarter Financial Information

11/4/16

Paris, November 4, 2016 – Today, Nexans announced its sales for the third quarter of 2016

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Strengthen power outage preparedness along the Norwegian coast

11/2/16

Nexans Norway has been awarded a NOK 134 million contract with REN Sjøkabelberedskap AS, which involves Nexans Halden supplying 52 km of 170 kV submarine cable for new emergency preparedness stores at Stord.

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Nexans delivers first charging stations for electric vehicles manufactured at its Donchery unit

Nexans is poised to deliver the first charging stations after landing a significant part of the contract to equip the sites of the national energy operator and most of France's public electricity distribution network with charging stations.

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New EDRMAX by Nexans™ cable ensures faster and easier grid connections for renewables

Nexans, in collaboration with the utility managing the majority of France’s public electricity distribution network, has developed and tested a new generation of medium voltage (MV) cables for the connection of power sources to the grid.

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Electric mobility: first “BienVEnu” equipped building

The first building equipped with BienVEnu, the electric vehicle charging solution for apartment blocks, was unveiled today.

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Nexans power transmission innovations on land, under water and in the air

Higher voltages and lower losses – these were just two of the topics that arose in lectures and discussions when Nexans showcased its innovations at CIGRE 2016 in August.

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Nexans achieves a triple technology milestone in HVDC cable systems

HVDC (high voltage direct current) power links are now able to utilize Nexans state-of-the-art XLPE cables that are qualified to 320 kV, while type testing at 525 kV has just been successfully completed.

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Nexans to supply cables for the world's first 66 kV offshore wind farm

Nexans cable technology has been selected by VBMS for the world’s first 66 kV offshore wind farm.

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Nexans umbilicals to make essential subsea connection for BP and DEA in Egypt’s West Nile Delta project

Nexans has further extended its long run of success with BP oil & gas projects by winning a major contract to supply approximately 100 km of umbilicals for the next stage of the West Nile Delta project.

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CIGRE 2016: Nexans presents innovative High Voltage Energy Transmission Solutions

Nexans will be attending CIGRE 2016 which will take place from August 21 to August 26, in Paris.

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2016 First-Half Results

Paris, July 28, 2016 – Today, Nexans published its financial statements for the six months ended June 30, 2016, as approved by the Board of Directors at its meeting chaired by Georges Chodron de Courcel on July 27, 2016.

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Nexans umbilicals achieve global reach with new project in Australia

OneSubsea has ordered the umbilical and accessories from Nexans to develop the Greater Enfield development off the coast of Exmouth, Western Australia.

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Nexans is ready for the European Construction Products Regulation (CPR)

The Construction Products Regulation (CPR) came into force for cables on June 10 2016.

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Nexans drives the transition to higher Voltage wind farm networks

Nexans is pioneering a step-change in the renewables industry as wind farm operators switch to higher voltage inter-array networks that boost their output capacity while utilising cost-effective, robust and easy to install cable systems. the new 72.5 kv accessories complement the previous development of nexans’ high-voltage inter-array cables.

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Prospectus related to bond issue

5/24/16

Paris, May 24, 2016 – The prospectus for admission to trading on the regulated market of Euronext Paris of a bond of € 250 million bearing interest at 3.25% per annum and maturing on May 26, 2021, was approved by the AMF under number 16-199.

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Nexans cables to connect Beatrice Offshore Windfarm to the Scottish grid

Beatrice Offshore Windfarm Ltd has chosen a consortium of Nexans and Siemens Transmission and Distribution Ltd to supply a transmission system to connect its new wind farm off the coast of Scotland to the grid.

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Successful placement of a bond issue in the amount of 250 million euros, maturity May 26, 2021

5/19/16

Nexans successfully placed a € 250 million bond issue today. This fixed rated issue has a maturity of 5-years.

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Mixed shareholders' meeting of May 12, 2016

5/12/16

Paris, May 12, 2016 - Nexans Mixed Shareholders’, held on May 12, 2016, approved all resolutions proposed to the shareholders by the Board of Directors.

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2016 First-Quarter Financial Information

5/3/16

Paris, May 3, 2016 – Today, Nexans announced that its sales for the first quarter of 2016 amounted to 1,433 million euros

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Nexans launching new low voltage WINDLINK® aluminum torsion-resistant loop cable solution for wind turbines

Transportation of energy inside wind turbines is set to become more cost effective with Nexans’ new solution in low voltage aluminum loop cables and associated accessories.

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7th international share offering reserved for Nexans Group employees

4/20/16

Nexans announced on February 18, 2016 the implementation of new employee shareholding plan.

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Nexans and G2mobility sign a strategic partnership for EV charging solutions.

4/11/16

G2mobility has signed an industrial and commercial partnership with the Nexans Group to accelerate the deployment of EV charging infrastructure in France and around the world.

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Nexans to close its cable factory dedicated to the Defense Market in the US

3/31/16

Nexans has announced that its US Subsidiary based in Elm City, North Carolina has decided to close its cable factory  focused on the production of defense wires and cables.

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Publication of Nexans 2015 Management Report

3/23/16

Paris, March 23rd, 2016 –Further to the Nexans Group’s 2015 annual results press release on February 18, 2016, you can now consult the 2015 management report on Nexans website: www.nexans.com, under the “Regulatory required information” section.

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Nexans introduces 'Smart Choices for Digital Infrastructure'

3/14/16

Launch of new Data Centre solutions

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2015 Full-Year Results

2/18/16

Paris, February 18, 2016 – Today, Nexans published its financial statements for the year ended December 31, 2015, as approved on February 17, 2016 by the Board of Directors under the Chairmanship of Frédéric Vincent.

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Chair of Nexans’ Board of Directors

2/17/16

Paris, February 17, 2016 - During the Board of Directors meeting on February 17th 2016, Frédéric Vincent announced his decision to end his term as Chairman of the company and as director effective 31st March 2016 and to retire.

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Nexans to be unique supplier of cables for TOTAL’s deep sea Egina oil platform

Nexans has been selected to be the unique supplier of cabling to Samsung Heavy Industries’, turnkey contractor for TOTAL’s Egina FPSO.

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Statoil chooses Nexans to supply cables for the world's first floating wind farm

Statoil has awarded Nexans the contract to supply static and dynamic cabling and associated accessories for the world’s first floating wind farm,

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Nexans to provide submarine cables for Lofotkraft grid strengthening project

In a contract worth 4.6 million Euros, LofotKraft AS has once again selected Nexans to deliver and install 170 kV XLPE cables to upgrade the current systems in three fjords.

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Nexans renews a revolving credit facility worth 600 million euros

12/17/15

On December 14th 2015, Nexans signed a € 600 million Revolving Credit Facility with 11 of its core banks for a period of five years, thereby extending the tenor of the Group’s access to liquidity until 2020.

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Nexans to increase wind power potential in Romania

EnergoBit S.A.’s 30MW Babadag III Wind Farm in Romania will transmit energy to the grid using 140km of Nexans’ high temperature conductor cables and accessories.

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Nexans concludes the divestment of its Argentinean activities

12/2/15

Following the agreement signed end of October 2015, Nexans confirms that it has concluded, as of December 1st, the divestment of its Argentinean activities to the group which controls the cable manufacturer Cimet in Argentina.

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Appointment of Mrs Kathleen Wantz-O’Rourke as censor

The Nexans Board of Directors decided today to appoint Mrs. Kathleen Wantz-O’Rourke as censor with a view to proposing her candidature as member of the Board of Directors to the 2016 shareholders’ general meeting.

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Antitrust investigation update

11/3/15

Paris, November 3, 2015 - Nexans announces that the investigation by the United States Department of Justice Antitrust Division into the submarine and underground power cable industry, previously disclosed by Nexans, has been closed without prosecution or sanction against any Nexans group company.

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Norwegian Escape by Meyer Werft sets sail with Nexans SHIPLINK® cables on board

Norwegian Escape, a luxury cruise liner built by Meyer Werft in Germany, has just been launched with 2,400 km of Nexans’ power, instrumentation and control cables.

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Nexans sells its Argentinean activities to a local player

11/2/15

Nexans announced today that it has reached a definitive agreement to sell its Argentinean operations and expects to close this transaction by the end of November 2015, subject to customary closing conditions.

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2015 Third-Quarter Financial Information

10/16/15

Today, Nexans announced its sales for the third quarter of 2015.

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Nexans unveils new certified iGigaswitch Series allowing streamlined communications between electrical devices

Nexans has released the world’s first KEMA IEC 61850 certified iGigaswitch Series, compatible across similarly certified components from any manufacturer allowing for smarter and faster interchangeability.

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Nexans to deliver umbilicals to the West Nile Delta Taurus Libra project in Egypt

Nexans has been awarded the contract to deliver 48km of static umbilicals to BP, and partner DEA, for the West Nile Delta Taurus Libra project in Egypt.

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Nexans delivers submarine fibre optic cables to West-Africa

Nigeria and Cameroon are to receive a boost to Internet connectivity after Nexans delivered Repeatered Optical Cables for the Nigeria-Cameroon Submarine Cable System (NCSCSC) in a contract with turnkey contractor, Huawei Marine Networks Co.Ltd.

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Nexans subsea cables will deliver power for the new offshore super complex serving Abu Dhabi’s Nasr oil field

The new super complex at the heart of the future development of the Nasr oil field, offshore from Abu Dhabi in the UAE, will be powered by Nexans’ subsea cables.

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2015 First-Half Results

7/29/15

Paris, July 29, 2015 – The Nexans Board of Directors meeting chaired by Frédéric Vincent on July 28, 2015 approved the Group's condensed consolidated financial statements for the first half of 2015.

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Meyer Werft cruise liners equipped with Nexans SHIPLINK® cables

The Anthem of the Seas, a luxury cruise liners built at the Meyer Werft shipyard in Germany, set sail with Nexans cables on board.

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Statnett’s Inner Oslofjord cable systems to reinforce Norwegian grid with Nexans subsea cables

7/15/15

Two new cable systems will reinforce the electricity grid in central Eastern Norway

Contract is valued at around Euros 50 million and will cover the design, manufacture and installation of XLPE cables

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NSN Link will interconnect Nordic and British energy markets with the world’s longest subsea power link incorporating Nexans’ HVDC cable technology

Power interconnection beneath the North Sea will enable Norway and UK to share up to 1400 MW of green energy from 2021 onwards.
Statnett SF and National Grid has awarded Nexans a contract valued at around Euros 340 million to deliver the subsea cable on the Norwegian side.

 

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Nexans’ XLPE cables to increase security of power supply in Denmark

Nexans will manufacture and supply XLPE submarine and underground cables to connect Danish substations

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Nexans EHV cable to connect Canada’s Grand Bend Wind Farm

New Nexans facility in Charleston, South Carolina, USA will manufacture Extra High Voltage (EHV) cable to enable Ontario Power Authority (OPA) to develop its Feed-In Tariff (FIT) Program for renewable energy sources

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The Nexans Group plans to reorganize business in Europe to support competitiveness

A study for a new savings project in Europe has been launched.

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Decision not to issue a bond due to the volatility and the pricing conditions prevailing in the market

5/29/15

Considering the volatility and the pricing conditions prevailing in the market, Nexans has today decided not to proceed with a debt capital markets transaction at this point.

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Not for distribution directly or indirectly in the United States, Canada, Australia or Japan / Bond issue project

5/26/15

Nexans has today launched the process of roadshow meetings with fixed income investors and, subject to market conditions, a bond issue may follow.

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Nexans delivers static subsea umbilical to Statoil’s Snøhvit CO2 injection project

Nexans has delivered one umbilical to the Snøhvit field in Norway as part of a €45 million contract with Statoil

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Mixed Shareholders’ Meeting held on May 5, 2015

5/5/15

Paris, May 5, 2015 – Nexans Mixed Shareholders’, held on May 5, 2015  approved all the twenty-nine resolutions proposed to the shareholders by the Board of Directors.

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2015 First-Quarter Financial Information

4/28/15

Today, Nexans announced first-quarter 2015 sales of 1,601 million euros at current metal prices (versus 1,560 million euros in the first three months of 2014). At constant metal prices, first quarter sales came in at 1,172 million euros, representing year-on-year organic growth of 1.8%.

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Nexans’ 2014 Registration Document - Mixed Shareholders’ Meeting of May 5, 2015

3/30/15

The 2014 Registration document has been filed with the AMF on March 27, 2015 - The Mixed Shareholders’ Meeting will be held on Tuesday May 5, 2015.

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2014 Full-Year Results

2/13/15

Paris, February 13, 2015 – Today, Nexans published its financial statements for the year ended December 31, 2014, as approved on February 12, 2015 by the Board of Directors under the Chairmanship of Frédéric Vincent.

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