2020 HALF-YEAR FINANCIAL REPORT
NEXANS | 2020 HALF-YEAR FINANCIAL REPORT
1
Contents
2020 HALF-YEAR FINANCIAL REPORT
1.
SIGNIFICANT EVENTS OF FIRST-HALF 2020 .................................................................................................. 3
1.1
1.2
2.
COVID-19 - CONSEQUENCES ON OPERATIONS, RESULTS AND FINANCING ........................................................... 3
ASSET DISPOSAL PROGRAMS ........................................................................................................................... 3
OPERATIONS DURING FIRST-HALF 2020 ....................................................................................................... 4
2.1
2.2
2.3
2.4
OVERVIEW OF THE FIRST HALF-YEAR 2020 AND GENERAL OPERATING CONTEXT IN UNPRECEDENTED CRISIS ...... 4
ANALYSIS BY SEGMENT.................................................................................................................................... 5
ACCELERATING THE NEW NEXANS 2019-2021 PLAN ...................................................................................... 7
OTHER ITEMS IN THE FIRST-HALF 2020 CONSOLIDATED INCOME STATEMENT ...................................................... 8
3.
2020 OUTLOOK REINSTATED ........................................................................................................................... 9
4.
RISK FACTORS AND MAIN UNCERTAINTIES ............................................................................................... 10
5.
RELATED-PARTY TRANSACTIONS ................................................................................................................ 13
CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS SIX MONTHS ENDED JUNE 30,2020 ... 15
Consolidated income statement ................................................................................................................................. 16
Consolidated statement of comprehensive income .................................................................................................... 17
Consolidated statement of financial position .............................................................................................................. 18
Consolidated statement of changes in equity ............................................................................................................. 19
Consolidated statement of cash flows ........................................................................................................................ 20
NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS .............................................................. 21
NOTE 1.
