President's new year wishes
Madam or Sir,
2006 has been for Nexans a year with vigorous growth and results that are expected to show constant progress. It is in fact the best year since the creation of our Group. Not only, we managed in taking advantage of the very favorable economic climate (particularly for energy cables), but we also gathered the positive effects of the strategy we are implementing to improve our profitability and grow faster than the average for our industry.
A strong activity in 2006
We went all out in 2006: following of our costs’ reduction, reinforcement of the performance of our plants, strong development of the markets with highest added-value, establishment of positions in new and fast growing countries, concern of better answering to our customers’ expectations, constant efforts in research and innovation.
A new strategic plan in 2007
Nexans does not call it quits: we are therefore going to launch as of January a new strategic plan 2007-2009. Our objective is to be able to further speed up our progress. Our run on the stock market bears of our efforts and ambitions: the Nexans share value grew by 142% in 2006.
I sincerely thank our shareholders and customers for their loyalty.
I wish you, Madam or Sir, a very happy and successful year in 2007.