Press releases 2015

Nexans renews a revolving credit facility worth 600 million euros

17/12/15

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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Antitrust investigation update

03/11/15

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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Nexans sells its Argentinean activities to a local player

02/11/15

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

16/10/15

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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2015 First-Half Results

29/07/15

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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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 preparing for incoming Construction Products Regulation (CPR)

Construction Products Regulation will define how cables used in construction will react to fire.

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Nexans always at the forefront of aerospace technology with the most complete offer

15/06/15

Nexans is launching its whitepaper looking at the future of cabling in aerospace at the 2015 Paris Air Show.

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

29/05/15

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

26/05/15

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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Mixed Shareholders’ Meeting held on May 5, 2015

05/05/15

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

28/04/15

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’ temporary site cables reduce disconnecting times

Temporary site cables are custom-made, quick-connectable cables for temporary use in the high-voltage network, for example, during repair work on overhead lines or in transformer stations when converting networks.

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Statoil’s Gullfaks subsea compression station powered by Nexans umbilicals

The Statoil operated Gullfaks gas field in the Norwegian Sea will rely on Nexans’ innovative power umbilicals combining power, fiber-optic and hydraulic lines in a single cross section.

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

30/03/15

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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Elia selects Nexans’ proven cable expertise for Stevin project to reinforce Belgium’s high voltage grid.

Elia, the Belgian Transmission System Operator (TSO), will rely on Nexans extra-high voltage cable systems for the major Stevin project to reinforce Belgium’s high voltage power grid.

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2014 Full-Year Results

13/02/15

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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NordLink HVDC interconnector between Norway and Germany will use Nexans’ subsea power cables

The Norwegian and German power grids will be able to share green energy directly for the first time thanks to Nexans submarine HVDC (high voltage direct current) cables to be installed as part of the NordLink project.

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ENERGINET.DK chooses Nexans aluminium XLPE cables

Denmark’s Kriegers Flak offshore windfarm is to be securely connected to the national grid with Nexans’ 400 kV aluminium XLPE cables.

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Results of impairment tests of certain assets for the financial year 2014

22/01/15

Recognition of an impairment of € 197 million (with no cash impact)

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