Press releases

Mixed Shareholder Meeting of May 11, 2017

5/11/17

Paris, May 11, 2017 – Nexans Mixed Shareholders’, held on May 11, 2017 at the Palais des Congrès in Paris, approved all the 26 resolutions proposed to the shareholders by the Board of Directors.

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2017 first-quarter financial information

5/3/17

Paris, May 3, 2017 – Today, Nexans announced that its sales for the first-quarter of 2017 amounted to 1,570 million euros

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Preparatory information and documents for the Mixed Shareholders’ Meeting of May 11, 2017

The Mixed Shareholders’ Meeting will be held on Thursday May 11, 2017 at 2.30 p.m., at Palais des Congrès, Auditorium Havane (2, place de la Porte Maillot, Paris 17th).

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Prospectus related to bond issue

4/3/17

Paris, April 3rd, 2017 – The prospectus for admission to trading on the regulated market of Euronext Paris of a bond of € 200 million bearing interest at 2.75% per annum and maturing on April 5, 2024, was approved by the AMF under number 17-130.

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Successful placement of a bond issue in the amount of 200 milion euros, maturity April 5, 2024

3/29/17

Nexans successfully placed a € 200 million bond issue today. This fixed rated issue has a maturity of 7-years (April 5, 2024 term) and an annual coupon of 2.75 % p.a..

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Nexans' 2016 Registration Document

3/20/17

The 2016 Registration document has been filed with the AMF (Autorité des Marchés Financiers) on March 20, 2017.

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2016 Full-Year Results

2/9/17

Paris, February 9, 2017 – Today, Nexans published its financial statements for the year ended December 31, 2016, as approved by the Board of Directors at its February 8, 2017 meeting chaired by Georges Chodron de Courcel.

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Nexans secures around € 300 million contract to supply LV cables for infrastructure projects in Qatar through its QICC JV with Al Mirqab capital

12/27/16

Qatar General Electricity and Water Corporation (Kahramaa), has recently signed a contract with Nexans for power cables.

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Nexans integrates its Russian activities into its local partner Impex Electro

12/16/16

Nexans keeps its current minority shareholding in Impex Electro.

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2016 Third-Quarter Financial Information

11/4/16

Paris, November 4, 2016 – Today, Nexans announced its sales for the third quarter of 2016

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Prospectus related to bond issue

5/24/16

Paris, May 24, 2016 – The prospectus for admission to trading on the regulated market of Euronext Paris of a bond of € 250 million bearing interest at 3.25% per annum and maturing on May 26, 2021, was approved by the AMF under number 16-199.

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Successful placement of a bond issue in the amount of 250 million euros, maturity May 26, 2021

5/19/16

Nexans successfully placed a € 250 million bond issue today. This fixed rated issue has a maturity of 5-years.

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Mixed shareholders' meeting of May 12, 2016

5/12/16

Paris, May 12, 2016 - Nexans Mixed Shareholders’, held on May 12, 2016, approved all resolutions proposed to the shareholders by the Board of Directors.

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2016 First-Quarter Financial Information

5/3/16

Paris, May 3, 2016 – Today, Nexans announced that its sales for the first quarter of 2016 amounted to 1,433 million euros

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7th international share offering reserved for Nexans Group employees

4/20/16

Nexans announced on February 18, 2016 the implementation of new employee shareholding plan.

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Nexans and G2mobility sign a strategic partnership for EV charging solutions.

4/11/16

G2mobility has signed an industrial and commercial partnership with the Nexans Group to accelerate the deployment of EV charging infrastructure in France and around the world.

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Nexans to close its cable factory dedicated to the Defense Market in the US

3/31/16

Nexans has announced that its US Subsidiary based in Elm City, North Carolina has decided to close its cable factory  focused on the production of defense wires and cables.

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Publication of Nexans 2015 Management Report

3/23/16

Paris, March 23rd, 2016 –Further to the Nexans Group’s 2015 annual results press release on February 18, 2016, you can now consult the 2015 management report on Nexans website: www.nexans.com, under the “Regulatory required information” section.

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2015 Full-Year Results

2/18/16

Paris, February 18, 2016 – Today, Nexans published its financial statements for the year ended December 31, 2015, as approved on February 17, 2016 by the Board of Directors under the Chairmanship of Frédéric Vincent.

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Chair of Nexans’ Board of Directors

2/17/16

Paris, February 17, 2016 - During the Board of Directors meeting on February 17th 2016, Frédéric Vincent announced his decision to end his term as Chairman of the company and as director effective 31st March 2016 and to retire.

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Nexans renews a revolving credit facility worth 600 million euros

12/17/15

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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Nexans concludes the divestment of its Argentinean activities

12/2/15

Following the agreement signed end of October 2015, Nexans confirms that it has concluded, as of December 1st, the divestment of its Argentinean activities to the group which controls the cable manufacturer Cimet in Argentina.

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Appointment of Mrs Kathleen Wantz-O’Rourke as censor

The Nexans Board of Directors decided today to appoint Mrs. Kathleen Wantz-O’Rourke as censor with a view to proposing her candidature as member of the Board of Directors to the 2016 shareholders’ general meeting.

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Antitrust investigation update

11/3/15

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

11/2/15

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

10/16/15

Today, Nexans announced its sales for the third quarter of 2015.

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2015 First-Half Results

7/29/15

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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The Nexans Group plans to reorganize business in Europe to support competitiveness

A study for a new savings project in Europe has been launched.

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

5/29/15

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

5/26/15

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

5/5/15

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

4/28/15

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

3/30/15

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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2014 Full-Year Results

2/13/15

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

1/22/15

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

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2014 Third-Quarter Financial Information

11/5/14

Today, Nexans announced its sales for the third quarter of 2014.

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6th international share offering reserved for Nexans Group employees

10/14/14

Nexans announced on May 15, 2014 the implementation of new employee shareholding plan.

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Nexans announces its new governance structure and the acceleration of its strategic action plans to pave the way for the future

10/1/14

Nexans is now represented by the recently-formed executive team led by
Arnaud Poupart-Lafarge, Chief Executive Officer.  His new , leaner Management Board was chosen to have new members, tried and tested operational experience, and a focus on driving performance and transforming the Group.

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2014 First-Half Results

7/25/14

Paris, July 25, 2014 – The Nexans Board of Directors meeting chaired by Frédéric Vincent on July 24, 2014, approved the Group's condensed consolidated financial statements for the first half of 2014.

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New governance principles for the long-term partnership between Invexans and Nexans

Paris, May 22, 2014 – The Board met on May 22, 2014 under the Chairmanship of Frédéric Vincent to examine a request by Invexans, a Quiñenco subsidiary, to terminate their agreement dated March 27, 2011, as modified by the amendment of November 26, 2012.

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Mixed Shareholders’ Meeting held on May 15, 2014

5/15/14

Paris, May 15, 2014 – Nexans Mixed Shareholders’, held on May 15, 2014, approved all resolutions proposed to the shareholders by the Board of Directors.

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Press release

5/15/14

Paris, May 15, 2014 – The Board met this day under the Chairmanship of Frédéric Vincent. Pursuant to the Chairman’s proposal, the Board decided to split the duties of Chairman of the Board and Chief Executive Officer.

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2014 First-Quarter Financial Information

5/6/14

First-quarter 2014 performance in line with the Group's transformation plan. Continued implementation of strategic initiatives.

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Nexans’ 2013 Registration document - Mixed Shareholders’ Meeting of May 15th, 2014

4/7/14

Renewal and appointment of Directors
Proposed amendment to the Articles of Association to exclude double voting rights

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Press release

4/2/14

Paris, April 2nd 2014 – Nexans has been informed of the European Commission decision announced today following its investigation into alleged anti-competitive behavior of cable manufacturers in the high voltage submarine and underground power cable sector

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Governance – Evolution of the composition of the Board of Directors

4/1/14

Paris, April 1st, 2014 – The Board of Directors, chaired by Frédéric Vincent, met on March 31, 2014 to approve the resolutions to be submitted to the shareholders at the annual shareholders’ meeting of May 15, 2014.

 

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2013 Full-Year Results

2/11/14

Paris, February 11, 2014 - At its meeting on February 10, 2014, the Nexans Board of Directors, chaired by Frédéric Vincent, approved the Group's financial statements for 2013.

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Successful completion of Nexans’ rights offering of approximately 284 million euros

11/6/13 More...

2013 Third-Quarter Financial Information and Group Initiatives

10/15/13

Paris, October 15, 2013 – Nexans today announced that its sales for the third quarter of 2013 amounted to 1,655 million euros at current metal prices.

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2013 First-Half Year Results

7/25/13

Paris, July 25, 2013 – The Nexans Board of Directors meeting on July 24, 2013, under the chairmanship of Frédéric Vincent, approved the Group’s consolidated financial statements for the first half of 2013.

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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.

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2013 First-Quarter Financial Information

4/25/13

Paris, 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

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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.

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2012 Full-Year Results

2/7/13

Paris, 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.

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Successful placement of a bond issue in the amount of 250 million euros, maturity March 19, 2018

12/13/12

Paris, 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.

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Increase in the Limit and Flexibility of Group financing

12/7/12

The 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.

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Signing of an amendment to the agreement with Madeco allowing Madeco to consolidate its position as reference shareholder

11/27/12

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.

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2012 third quarter financial information

10/22/12

Paris, October 22, 2012 – Nexans today announced 2012 third-quarter sales of 1,819 million euros

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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.

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Nexans concludes its acquisition of the power cable business of Shandong Yanggu Cables Group in China

Nexans announced today its acquisition of a 75% stake in the Shandong Yanggu New Rihui joint-venture, alongside its historical shareholder.

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2012 half-year financial report

7/25/12

Further 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 

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2012 First Half-Year Results

7/25/12

Paris, 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.

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Nexans to launch an increase in capital reserved for its employees

5/16/12

Paris, 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.

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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.

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Nexans’ 2011 Registration document - Mixed Shareholders’ Meeting of May 15, 2012

4/5/12

Paris, 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

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Nexans completes acquisition of AmerCable Holdings Inc.

3/5/12

Paris, March 1st, 2012 – Nexans confirms that it has completed the acquisition of AmerCable on February 29, 2012.

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Acquisition of AmerCable Holdings Inc. for US$275m

2/15/12

Paris, February 13th, 2012 – Nexans makes a major investment in the growing Mining, Oil & Gas and Renewable Energy cable markets.

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2011 Full-Year Results

2/8/12

Paris, February 8, 2012 - The Nexans Board of Directors meeting on February 7, 2012, chaired by Frédéric Vincent, approved the Financial Statements for 2011.

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Publication of the 2011 half-year financial report

8/9/11

Document available online.

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2011 First Half-Year Results

7/27/11

Confirmed strong business upturn, improvement of the operating margin

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Nexans signs agreement with the Shandong Yanggu Cables Group in China to acquire a majority stake in its power cable business

6/21/11

Nexans 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.

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Nexans’ 2010 Registration document - Mixed Shareholders’ Meeting of May 31st, 2011

4/20/11

Paris, 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.

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2010 Full-Year Results

2/14/11

Paris, February 14, 2011 – The Nexans Board of Directors chaired by Frédéric Vincent, which met on February 11, 2011, has approved the accounts for 2010.

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2010 third-quarter financial information

10/28/10

Target confirmed for full year operating margin rate of 4.5%

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Publication of the 2010 half-year financial report

Document available online.

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2010 First Half-Year Results

7/28/10

Paris, July 28, 2010 - Sales recover in the second quarter but half-year profit impacted by the difficult start of the year.

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Shareholders' Meeting of May 25, 2010 (Ordinary and Extraordinary) - Directors' appointments and mandate renewals - Dividend of one euro per share - Capital increase reserved for employees (Act 2010)

Paris, May 25, 2010 – The Nexans Shareholders' Meeting was held on May 25, 2010, at the Quai Branly Museum in Paris, chaired by Frédéric Vincent, Chairman and CEO.

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Nexans launches a capital increase reserved for its employees

5/19/10

Nexans announced on February 10, 2010 the implementation of a new employee shareholding plan.

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2010 First-Quarter Financial Information

4/22/10

Paris, April 22, 2010 – Nexans today announced 2010 first-quarter sales of 1.350 billion euros

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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

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2009 Full-Year Results

2/10/10

Paris, February 10, 2010 – The Nexans Board of Directors chaired by Frédéric Vincent, which met on February 9, 2010, has approved the accounts for 2009.

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2009 third-quarter financial information

10/22/09

Nexans today announced 2009 third-quarter sales of 1,267 million euros.

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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.

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Publication of the half-year financial report

Document available online.

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2009 First Half-Year Results

The 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

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The Fonds Stratégique d’Investissement (French Sovereign Fund) takes a 5% Stake in the Capital of Nexans

The 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.

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Nexans reinforces its Executive Committee

7/1/09

Nexans announces the appointments of four new executive committee members

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"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

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"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

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"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

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"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)

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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.

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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

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2009 first-quarter financial information

Paris, April 22, 2009 – Nexans today announced 2009 first-quarter sales of 1,245 million euros.

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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).

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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.

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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.

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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.

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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.

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AFEP/MEDEF recommendations on compensation of executive directors

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2008 third-quarter financial information

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

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Issuance by Nexans of 2.5 million new shares in consideration for the contribution by Madeco of shares in Indelqui and Invercable

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Nexans concludes its acquisition of Intercond

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

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2008 first half-year results

7/24/08

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

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Nexans acquires Intercond, a leading European manufacturer of special cables

Paris, May 29, 2008 – This acquisition strengthens the Group’s leadership in the fast-growing industrial cable activities
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2008 first-quarter financial information

Paris, April 22, 2008 – Nexans today announced 2008 first-quarter sales of 1,743 million euros (at actual non-ferrous metal prices).
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Nexans is implementing an employee shareholding plan

Paris, March 3, 2008 – Nexans announced on January 31, 2008 the implementation in 2008 of a share offering reserved for employees of the Nexans Group.
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Nexans to enter into a joint venture with Polycab, the Indian leader in the cable industry

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

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2007 results - Increased 2007 profits and solid fundamentals lead Nexans to view the future with confidence

Paris, January 31, 2008 - Read the press release, presentation and documents.
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Nexans signs a Framework Agreement to acquire the cable business of Madeco, the cable market leader in South America

Paris, November 15, 2007 – This acquisition, the largest yet made by Nexans, will result in a leading position for the group in energy cables in a high growth area
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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.

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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.

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"Not for distribution in the United States, Canada, Australia or Japan"/Successful placement of Nexans inaugural bond issue

 
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"Not for distribution in the United States, Canada, Australia or Japan"/Nexans announce a bond issue

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Nexans withdraws from the winding wire sector by selling its activities in Canada and in China

Paris, January 31, 2007 -Nexans announces the signature with Superior Essex of two agreements for the sale of its winding wires activities.

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2006 Results: Boosted by solid growth and rising profits, Nexans launches a new strategic plan for 2007-2009 and enters a new phase of its development

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