Press releases
Mixed General Shareholders’ Meeting held on May 14, 2013: Adoption of all resolutions proposed to vote
Nexans’ Mixed General Shareholders’ Meeting, held on May 14, 2013, has approved all resolutions proposed to vote.
2013 First-Quarter Financial Information
4/25/13Paris, April 25, 2013 – Nexans today announced 2013 first-quarter sales of 1.668 billion euros, that is, 1.130 billion euros at constant non-ferrous metal prices
Nexans’ 2012 Registration document
Mixed Shareholders’ Meeting of May 14th, 2013
4/4/13
Nexans’ 2012 Registration document has been registered with the AMF (Autorité des Marchés Financiers) on April 3, 2013. Nexans Mixed Shareholders’ Meeting will be held on Tuesday, May 14th, 2013 at 3.00 pm in the Claude Levi-Strauss theatre of the quai Branly museum.
Nexans and Leviton join forces for LAN cable connector systems in North America
Nexans announces its decision to keep its Berk Tek business within the Group.
2012 Full-Year Results
2/7/13Paris, February 7, 2013 - The Nexans Board of Directors meeting on February 6, 2013, under the chairmanship of Frédéric Vincent, approved the Financial Statements for 2012.
Successful placement of a bond issue in the amount of 250 million euros, maturity March 19, 2018
12/13/12Paris, December 13, 2012 – Nexans successfully placed a € 250 million bond issue yesterday. This issue will diversify its sources of funding and lengthen its average debt maturity.
Increase in the Limit and Flexibility of Group financing
12/7/12The Group has increased its committed credit facility (initially for an amount of €540 million for 5 years maturing in November 2016) to €600 million by introducing a new lender for the remaining term.
Signing of an amendment to the agreement with Madeco allowing Madeco to consolidate its position as reference shareholder
Paris, November 27, 2012 – Nexans (the “Company”) announces the signing, on November 26, of an amendment to the agreement entered into on March 27, 2011 with its main shareholder, the Chilean group Madeco, which today holds approximately 22.5% of the share capital and voting rights of the Company.
2012 third quarter financial information
Paris, October 22, 2012 – Nexans today announced 2012 third-quarter sales of 1,819 million euros
Press release
Paris, September 28, 2012. Following receipt of expressions of interest, Nexans is exploring the possibility of the sale of its Berk-Tek copper and fiber cable activity in the US.
2012 half-year financial report
7/25/12Further to the Nexans Group’s 2012 half-year results press release on July 25, 2012, you can now consult here below the half-year financial report
2012 First Half-Year Results
7/25/12Paris, July 25, 2012 – The Nexans Board of Directors met on July 24, 2012, under the chairmanship of Frédéric Vincent, to approve the Group’s consolidated financial statements for the first half of 2012.
Nexans to launch an increase in capital reserved for its employees
5/16/12Paris, May 16, 2012 – Nexans announced on February 8, 2012 the implementation of a new employee shareholding plan. This press release aims to detail certain features of the capital increase reserved for Group employees.
Mixed General Shareholders’ Meeting held on May 15, 2012: Adoption of all resolutions proposed to vote Renewal of the Chairman and CEO mandate
Paris, May 15, 2012 – Nexans’ Mixed General Shareholders’ Meeting, held on May 15, 2012, has approved all resolutions proposed to vote. The results of the vote will be available online on Nexans’ website at www.nexans.com/ag2012 in the coming days.
Nexans’ 2011 Registration document - Mixed Shareholders’ Meeting of May 15, 2012
4/5/12Paris, April 5, 2012 – Nexans’ 2011 Registration document has been registered with the AMF (Autorité des Marchés Financiers) on April 4, 2012. It is available to the public in accordance with applicable laws and regulations and is available online on Nexans’ website
Nexans completes acquisition of AmerCable Holdings Inc.
Paris, March 1st, 2012 – Nexans confirms that it has completed the acquisition of AmerCable on February 29, 2012.
Acquisition of AmerCable Holdings Inc. for US$275m
2/13/12Paris, February 13th, 2012 – Nexans makes a major investment in the growing Mining, Oil & Gas and Renewable Energy cable markets.
2011 Full-Year Results
2/8/12Paris, February 8, 2012 - The Nexans Board of Directors meeting on February 7, 2012, chaired by Frédéric Vincent, approved the Financial Statements for 2011.
Composition of the Board of Directors - Shareholders’ Meetings of November 10, 2011: Details
Paris, September 30, 2011 .The Nexans Board of Directors, chaired by Frédéric Vincent, met on September 30, 2011.
Calling of meetings in the framework of the agreement signed with largest shareholder Madeco
Paris, September 20, 2011 – The Board of Directors met yesterday following confirmation by its largest shareholder, Chilean group Madeco, that it effectively owns more than 19% of the Company’s shares and voting rights
2011 First Half-Year Results
7/27/11Confirmed strong business upturn, improvement of the operating margin
Nexans signs agreement with the Shandong Yanggu Cables Group in China to acquire a majority stake in its power cable business
6/21/11Nexans announced the signing of an agreement with the Shandong Yanggu Cable Group (“Shandong Yanggu”) to create a joint venture based on Shandong Yanggu’s power cable business in China.
Nexans’ Shareholders’ Meeting: adoption of all resolutions proposed to vote
5/31/11The Nexans Mixed Shareholders' Meeting chaired by Frédéric Vincent, Chairman and CEO, was held on May 31, 2011 at the quai Branly museum in Paris.
Mixed Shareholders’ Meeting of May 31st, 2011 - Outlook for first half 2011 and confirmation of annual targets
5/31/11The Group will present the outlook for first half 2011 at the Mixed Shareholders’ Meeting that will be held today at 3:00 p.m. at the musée du quai Branly in Paris (France). The meeting will be chaired by Frédéric Vincent, Chairman and CEO.
Nexans’ 2010 Registration document - Mixed Shareholders’ Meeting of May 31st, 2011
4/20/11Paris, April 20, 2011 – Nexans’ 2010 Registration document has been registered with the AMF (Autorité des Marchés Financiers) on April 19, 2011. Nexans Mixed Shareholders’ Meeting will be held on Tuesday, May 31st, 2011 at 3.00 pm in the Claude Levi-Strauss theatre of the quai Branly museum.
Nexans and Madeco sign an agreement to strengthen Madeco’s position as the principal shareholder of the Group
3/27/11Paris, March 28, 2011 – Nexans announces the execution on March 27, 2011 of an agreement with its main shareholder, the Chilean group Madeco.
2010 Full-Year Results
2/14/11Paris, February 14, 2011 – The Nexans Board of Directors chaired by Frédéric Vincent, which met on February 11, 2011, has approved the accounts for 2010.
Nexans notes the position of Draka Holding NV
10/18/10Nexans takes note of the position of Draka Holding NV in relation to its announcement on October 18 of its intention to enter into discussion with Draka Holding N.V. with a view to launching a recommended offer for the company.
2010 First Half-Year Results
7/28/10Paris, July 28, 2010 - Sales recover in the second quarter but half-year profit impacted by the difficult start of the year.
Nexans launches a capital increase reserved for its employees
5/19/10Nexans announced on February 10, 2010 the implementation of a new employee shareholding plan.
Nexans’ 2009 Registration document - Shareholders’ Meeting of May 25, 2010
Nexans’ 2009 Registration document has been registered with the AMF. Nexans 2010 Shareholders’ Meeting will be held on Tuesday, May 25th, 2010 at 3.00 pm in the auditorium of the Quai Branly Museum
2009 Full-Year Results
2/10/10Paris, February 10, 2010 – The Nexans Board of Directors chaired by Frédéric Vincent, which met on February 9, 2010, has approved the accounts for 2009.
Nexans press release
A Nexans group subsidiary in Australia has been informed of the commencement of proceedings in Australia involving several cable manufacturers including Nexans, by the local competition authority.
2009 First Half-Year Results
7/28/09The Nexans Board of Directors chaired by Frédéric Vincent met on July 27 to examine the Group’s consolidated financial statements for the first half of 2009
The Fonds Stratégique d’Investissement (French Sovereign Fund) takes a 5% Stake in the Capital of Nexans
7/1/09The Fonds Stratégique d’Investissement (FSI – the French Sovereign Fund) has announced having acquired a shareholding stake in Nexans of 5%, following the acquisition of shares in the market.
Nexans reinforces its Executive Committee
7/1/09Nexans announces the appointments of four new executive committee members
"Not for distribution in the United States, Canada, Australia or Japan"/Offering by Nexans of bonds convertible into and/or exchangeable for new or existing shares (OCEANE) - Exercise of the over-allotment option: amount of the issue increased to €212.6 million
More..."Not for distribution in the United States, Canada, Australia or Japan"/Offering by Nexans of bonds convertible into and/or exchangeable for new or existing shares (OCEANE) - Visa by the Autorité des marchés financiers
More..."Not for distribution in the United States, Canada, Australia or Japan"/Offering by Nexans of bonds convertible into and/or exchangeable for new or existing shares (OCEANE) - Determination of the final terms of the Bonds
More..."Not for distribution in the United States, Canada, Australia or Japan"/Offering by Nexans of bonds convertible into and/or exchangeable for new or existing shares (OCEANE)
More...Annual Shareholders’ Meeting of May 26, 2009 - Frédéric Vincent takes office as Nexans’ new Chairman and CEO - Outlook for the first half 2009 and full-year 2009
5/27/09 More...Annual Shareholders’ Meeting of May 26, 2009 - Dividend of 2 euros per share
All the resolutions proposed to the vote of the shareholders were approved.
Shareholders’ Meeting of May 26, 2009 - Nexans’ 2008 Annual Report
Nexans’ Board of Directors, in its meeting of April 3, 2009, decided to call a Mixed Shareholders’ Meeting on Tuesday, May 26th, 2009 (on first call).
Nexans signs final joint venture agreements with Polycab, India’s largest cable company
The joint venture will be majority-held by Nexans and managed in close cooperation with its Indian partner.
2008 results
Paris, February 12, 2009 – The Nexans Board of Directors chaired by Gérard Hauser, which met on February 11, 2009, has approved the accounts for 2008.
Communiqué
An investigation of Nexans, along with other international cable manufacturers, has been undertaken by competition authorities in Spain, Japan, South Korea, and the United States, as well as by the European Commission concerning in particular high voltage activities of the Group.
Nexans partners with Sumitomo Electric in Fiber-To-The-Home (FTTH) in Europe
Nexans and Sumitomo Electric Industries, Ltd. (SEI), today announced that they have reached an agreement to collaborate in optical fiber cable business for terrestrial telecommunications in Europe.
Issuance by Nexans of 2.5 million new shares in consideration for the contribution by Madeco of shares in Indelqui and Invercable
More...Nexans concludes its acquisition of Intercond
Paris, August 1st, 2008 – Nexans announces the closing of its acquisition of the Italian company Intercond.
Nexans is implementing an employee shareholding plan
Nexans confirms the financial conditions applicable to the sale to Superior Essex of its 40% minority interest in Essex Nexans
Paris, July 3, 2007 – Nexans confirms that its 40% minority interest in Essex Nexans was sold to Superior Essex for an amount of 22 million Euro.
Nexans sells its residual interest in the European winding wire sector
Paris, June 28, 2007 - Nexans has announced the sale to Superior Essex of its 40% minority interest in Essex Nexans.