Paced For Growth: Nexans Launches Its 2018-2022 Strategic Plan

Paris La Défense, December 13, 2017 – Meeting tomorrow’s challenges today: Nexans announces its 2018-2022 strategic plan “Paced For Growth”.

The 2015-2017 Strategic plan “Nexans in Motion” has delivered the expected results: the ROCE[1] has doubled in 3 years from 5.5 to more than 11% despite Oil&Gas and South America crises over the period.

New societal challenges create opportunities: energy transition and smart grids, ecomobility and data transmission are Nexans’ key drivers with opportunities both in volumes and moving up the value chain.

By 2022, Nexans’ ambition is to derive from its current scope of activities 25% more revenues, an EBITDA[2] increased by ~50% to ~600 million euros, and a ROCE exceeding 15%.

While maintaining a healthy balance sheet, this should allow for external growth options for up to 1.5 to 2 billion euros revenues.

"The ‘Paced for Growth’ strategic plan will allow us to go further in the innovation and differentiation of our activities in markets with high-potential on a global scale”, commented Arnaud Poupart-Lafarge, Nexans CEO. “Being a cable leader is the core of our activity but today we have the ability to go beyond that to become a critical link, the one capable of providing women and men around the world with the energy  and information they need".

The Plan presentation document, which includes the current outlook for 2017, is available on Nexans internet site www.nexans.com

 

A conference call is scheduled today at 3:00 p.m. (Paris time).

The local numbers to call are:

  • In France:                                                +33 (0) 1 70 71 01 59
  • In the United Kingdom:                           +44 (0) 207 194 3759
  • In the United States:                               +1 844 286 0643

    To participate in the call, please enter 08007039 followed by the hash (#) sign.

The local numbers to call to listen to a replay of the conference (available within 2 hours) are:

  • In France:                                                +33 (0) 1 70 71 01 60
  • In the United Kingdom:                           +44 (0) 203 364 51 47
  • In the United States:                               +1 646 722 49 69

    To listen to the conference, please enter 418719650 followed by the hash (#) sign.

 

Financial calendar

February 15, 2018: 2017 Full-year results

 

[1] Return on Capital Employed: 12 month OM on end of period Capital Employed, restated for Antitrust provision (cf Registration document 2016)

[2]Consolidated EBITDA is defined as operating margin before depreciation (cf Registration document 2016)

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Din kontakt

Michel Gédéon Financial Communication
Telefon +33 1 78 15 05 41
michel.gedeon@nexans.com
Paul Floren Corporate Communication
Telefon +33 1 78 15 04 78
paul.floren@nexans.com
Marième Diop Financial Communication
Telefon +33 1 78 15 05 40
marieme.diop@nexans.com
Angéline Afanoukoe Press relations
Telefon +33 1 78 15 04 67
Angeline.afanoukoe@nexans.com

Om Nexans

Nexans sikrer tilgangen til energi gennem sit store og varierede udbud af kabler og kabelløsninger, som forbedrer vores kunders aktiviteter og resultater verden over. Nexans’ ambition er at være en samarbejdspartner, og en støtte for kunderne inden for fire hovedforretningsområder: elektrisk transmission og distribution (til havs og på land), energiressourcer (olie og gas, minedrift og vedvarende energikilder), transporter (veje, jernbaner, fly og skibe) samt installation (kommercielle bygninger, boliger og datacentraler). Nexans’ strategi bygger på en løbende innovation af produkter, løsninger og tjenester, kompetenceudvikling for medarbejdere, uddannelse af kunder og introduktion af sikre industriprocesser med mindst mulige miljøpåvirkning. I 2013 blev Nexans den første virksomhed i kabelindustrien, der oprettede en fond til fremme af langsigtede projekter, som giver udsatte samfund rundt om i verden tilgang til energi. Med en industriel tilstedeværelse i over 40 lande og salgskontorer over hele verden havde Nexans 26.000 medarbejdere og en omsætning på 5,8 milliarder euro i 2016. Nexans er børsnoteret på NYSE Euronext Paris, afdeling A. For mere information besøg www.nexans.dk.

www.nexans.com