Press releases 2015
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.
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.
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.
Today, Nexans announced its sales for the third quarter of 2015.
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.
Decision not to issue a bond due to the volatility and the pricing conditions prevailing in the market29.05.15
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.
Not for distribution directly or indirectly in the United States, Canada, Australia or Japan / Bond issue project26.05.15
Nexans has today launched the process of roadshow meetings with fixed income investors and, subject to market conditions, a bond issue may follow.
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.
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%.
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.
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.
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.
Denmark’s Kriegers Flak offshore windfarm is to be securely connected to the national grid with Nexans’ 400 kV aluminium XLPE cables.
Recognition of an impairment of € 197 million (with no cash impact)