Company

Nexans presentation at Goldman Sachs - 11 th Annual Industrials Conference

Dec 5, 2019

“ The New Nexans plan is on track. We continue to focus on cost reductions, cash flow generation and ROCE. We are confident we will meet the 2021 targets set end of November 2018. The recent orders in High Voltage projects support the dynamics mentioned throughout the year and our capex investment in our plant in North America. The latest announced framework agreement with Orsted and Eversource demonstrate our ability to innovate and confirm Nexans’ excellence in the energy transition. This exclusive contract to supply export cables for Orsted’s US Offshore Wind projects and the recently awarded SSE Seagreen contract, provide Nexans revenue visibility up to 2027, and have been estimated between €800m to €1,200m depending on the technical choices for each Offshore Wind Farm (of which about €400m, have already been secured). The newly transformed plant in North America will benefit from a high utilization level. With a Backlog fully loaded up to 2021, Nexans and its teams are ever more focused on execution and safety. ”

Christopher Guérin

CEO of Nexans

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Aurelia Baudey-Vignaud

Financial Communication

Angéline Afanoukoe

Press Relations

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