Press releases 2008

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.

An ambitious and customized R&D program will be carried out.

Ouglich site will produce power cables for the building and infrastructure market.

Nexans supplied around 500 kilometres of cables, worth 3 million Euros.

Nexans will supply power, control and data cables.

This local production will enable Nexans to meet the demands of customers operating in China’s booming rail industry

Renewed strong increase in organic growth in the cables business: up 7.4% in the third quarter 2008 compared with a 7.2% rise in the first semester 2008  - Organic growth for the whole year is expected to be higher than the initial 6% target - Confirmation of the Group’s capacity to attain a higher operating margin than in 2007 despite the uncertain economic situation

With this acquisition, Nexans acquires a leading position in energy cables in a high growth area.

In an order worth more than 1 million Euro, Nexans is supplying control, power and data cables for the Chinese Ministry of Railways.

At Innotrans, Nexans will present its latest product innovations and major projects as complete cable solutions for new generation of urban transports.

Paris, August 1st, 2008 – Nexans announces the closing of its acquisition of the Italian company Intercond. 

Continued increase in organic sales growth of cable businesses: +7.2% - Strong improvement in profitability with operating margin of 9.1% at constant non-ferrous metal prices

Paris – April 16, 2008 – Nexans cables will export 315 MW of power from a new wind farm off the east coast of England.

Paris, March 7, 2008

Paris, February 19, 2008 – The French Group gains a foothold in India.