2021 02 17 Pr Nexans 2020 Full Year Results
19/08/2024 - www.nexans.com
PRESS RELASE _
NEXANS STEERED FOR GROWTH
Steady EBITDA performance and net income turnaround unlocking value creation
Outperformance in ROCE and free cash flow, 10-year low Net Debt, setting strong financial footing
Nexans transformation anchored
In full-year 2020, amidst the global pandemic:
o Resilient standard sales1 of 5,713 million euros, down by -8.6% organically2
o Steady EBITDA3 of 347 million euros reflecting successful Group transformation, EBITDA rate of
6.1% in 2020 against 6.4% in...