Press releases 2018

Nexans secures a 111 million euros turnkey submarine project for Cyclades Islands Interconnection in Greece

11/28/18

ADMIE has awarded Nexans a €111 million contract for an interconnector between the Greek city Lavrion and the island of Syros. The complete turnkey project includes the design, manufacturing, installation and protection of a 150 kV high voltage alternating current (HVAC) three-core submarine power cable with a fibre optical element.

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Red Eléctrica de España awards Nexans with a turnkey contract worth around 50M Euros to manufacture and install an interconnection cable between Majorca and Menorca

Red Eléctrica de España has awarded Nexans with a contract worth around 50 million euros to manufacture and install a power cable that will connect the islands of Majorca and Menorca in Spain. The contract was signed only 20 days after the Spanish Council of Ministers granted administrative authorisation and declared it as a public utility project. The interconnection is due to be up and running in 2020.

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Nexans wins major power export cable contract for Ørsted’s Hornsea 2 wind farm

Nexans has won a contract worth over 150 million euros to help Ørsted deliver the most affordable electricity from offshore wind yet. The project covers the supply of over 200 km of the 245 kV high voltage alternating current (HVAC) subsea export cable system for the near shore section of Hornsea 2 wind farm.

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Nexans is awarded a multimillion-euro contract for Ørsted’s Borssele 1 and 2 wind farms off the Netherlands coast

Major contract for 66 kV submarine inter-array cable with associated accessories is the first to be placed under a new five-year framework agreement recently signed by Nexans and Ørsted.

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Nexans Connects Brazil to Cameroon in Its First Ever Intercontinental Fiber Optic Project (SAIL)

To provide Africa and South America with a faster and more stable Internet connection, Nexans manufactured and successfully tested 6,000 km of submarine fiber optic cables for the South Atlantic Inter Link (SAIL) project connecting Cameroon to Brazil.

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Close to 40 km and 2,500 tons of Nexans’ submarine cables in the Inner Oslo fjord will ensure electricity to “half” of Norway

14 cables weighing one ton per 16 metres. These are huge dimensions and world-class cables being commissioned today by Statnett in the Inner Oslo fjord. The cable system has been made at Nexans' subsea cable factory in Halden and will supply 2.5 million inhabitants in Eastern Norway with electricity for several decades.

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Nexans Norway to deliver to the Johan Castberg field

8/24/18

As part of the digitization process of the Johan Castberg field, Nexans will provide more than 200 kilometers of fiber optic subsea cables to Alcatel Submarine Networks (ASN), the prime contractor awarded by Equinor for delivering the Permanent Reservoir Monitoring (PRM) systems to the field.

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CIGRE 2018: Nexans presents its state-of-the-art HV cable solutions for submarine and land transmission networks

At the 2018 Session of CIGRE, Nexans will showcase its cutting-edge turnkey cabling systems for energy projects and will present the latest findings of the R&D projects in the framework of the event’s Study Committees and Working Groups.

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Prospectus related to bond issue

8/6/18

The prospectus for admission to trading on the regulated market of Euronext Paris of a bond of € 325 million bearing interest at 3.75% per annum and maturing on August 8, 2023, was approved by the AMF under number 18-361.

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Successful placement of a bond issue in the amount of 325 million euros, maturity August 8, 2023

8/1/18

Paris La Défense, August 1, 2018 – Nexans successfully placed a € 325 million bond issue today. This fixed rate issue has a maturity of 5 years (August 8, 2023 term) and an annual coupon of 3.75 % p.a..

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First Half 2018 Results

7/26/18

Paris La Défense, July 26, 2018 – Today, Nexans is issuing its financial statements for the six months ended June 30, 2018, as approved by the Board of Directors at its meeting chaired by Georges Chodron de Courcel on July 25, 2018.

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Nexans Appoints Christopher Guérin as Chief Executive Officer

Paris La Défense, July 4th, 2018 - The Board of Directors of Nexans, during its meeting of July 3, 2018 chaired by Georges Chodron de Courcel, decided to appoint Christopher Guérin as Chief Executive Officer. He will take office on 4 July 2018.

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Equinor chooses Nexans umbilical technology for its Askeladd development in the Barents Sea

Nexans has been awarded a major contract to provide complex umbilicals with power, fiber-optic and hydraulic elements for the next stage of the multi-phased Snøhvit development.

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Nexans Press Release

6/18/18

Paris La Défense, June 18, 2018 – Considering the abrupt deterioration of the high voltage project activities forecast for the second half of 2018, the Group presently anticipates for the full year a stable level of sales and a consolidated EBITDA that could reach 350 million euros versus 411 million euros in 2017

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Nexans launches its AGICITY® range to speed up the development of electric mobility

The Group strengthens its position on the electric mobility market with the launch of Nexans AGICITY®, a range of dedicated solutions designed to facilitate the rollout of sustainable mobility in urban, suburban and rural areas.

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Appointment of Oscar Hasbún Martínez as Censor

5/22/18

The Nexans Board of Directors decided on May 17, 2018 to appoint Oscar Hasbún Martínez as censor.

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Mixed Shareholders' meeting of May 17, 2018

5/17/18

Paris La Defense, May 17, 2018 – Nexans Mixed Shareholders’, held on May 17, 2018 in Paris La Défense, at Coeur Defense Conference Centre, approved all the 23 resolutions proposed to the shareholders by the Board of Directors

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Nexans Makes Final Cable Delivery to Canada’s Strait of Belle Isle Subsea HVDC Power Link

Nexans has completed a six-year project to design, manufacture, supply and install approximately 100 km of subsea high voltage direct current (HVDC) cable and accessories for Nalcor Energy’s Strait of Belle Isle Marine Cable Crossing in Newfoundland and Labrador, Canada.

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2018 first quarter financial information

5/3/18

Paris La Défense, May 3, 2018 – Today, Nexans announced that its sales for the first quarter of 2018 amounted to 1,538 million euros (versus 1,570 million euros for first-quarter 2017).

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Nexans to Supply Umbilicals and Accessories for BP’s Mad Dog 2 Project In Gulf Of Mexico

BP has selected Nexans to supply umbilicals for the second stage development of the Mad Dog offshore field in the Gulf of Mexico.

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Nexans TITANEX® Cable Range Has Evolved To Support Temperature Applications Up To 90°C

Nexans has upgraded its TITANEX® family of low voltage (LV) flexible rubber cables to become the first H07RN-F cable operating at up to 90°C temperature at the core (for fixed and protected installations).

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Nexans’ NEWSENSE® Microcables Open Up New Dimensions In Invasive Surgery

Nexans has developed a new micro-extrusion process that creates the thinnest possible insulating jacket to enable minimally invasive medical cables to be manufactured with diameters of less than 0.1 mm.

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Preparatory information and documents for the mixed shareholders’ meeting of May 17, 2018 and dividend payment date

4/4/18

The Mixed Shareholders’ Meeting will be held on Thursday May 17, 2018 at 2.30 p.m., at Cœur Défense Conferences Centre – Hermes Amphitheater, 110 Esplanade du Général de Gaulle, 92400 Courbevoie, France.

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Beatrice Offshore Windfarm: Final Section of Nexans Power Export Cable Sails To Scotland

Nexans has reached two key milestones in its major contract to create the high voltage power export connection for Scotland’s Beatrice 588 MW offshore windfarm.

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Nexans’ 2017 registration document

3/30/18

The 2017 Registration document has been filed with the AMF (Autorité des Marchés Financiers) on March 30, 2018.

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2017 Full-Year Results

2/15/18

Paris, February 15, 2018 – Today, Nexans published its financial statements for the year ended December 31, 2017, as approved by the Board of Directors at its February 14, 2018 meeting chaired by Georges Chodron de Courcel.

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Nexans Delivered North America’s Longest Submarine Cable to Provide Cleaner Energy to Eastern Canada

1/22/18

Nexans has installed North America’s longest submarine electricity cables as part of the Maritime Link Project conducted by NSP Maritime Link Inc.

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Nexans to accelerate sustainable mobility with investment in IES, global expert of EV fast-charging solutions

1/15/18

Nexans has announced a capital investment in IES, leader in the production of charging solutions for electric vehicles.

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Nexans Acquires BE CableCon In Strategic Move Into Wind Turbine Cable-Kitting Business

1/11/18

Denmark-based BE CableCon is an expert supplier of cable kits to Europe’s most important wind turbine companies

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