Examples The plant in Tokyo Bay to the Japan contracts

The crisis may be good for Nexans. "Keynesians are back", welcomed the leaders of the French group. Because major work in password to be engaged in some countries to revive growth could benefit the global leader of cables, making approximately 40 of its turnover in the cables in high and medium tension for the energy networks. Infrastructure equipment, for the moment, already well resistant to the crisis: a growth of 20 since the beginning of the year, steps for cancellation of orders, a market worn by important needs for interconnection between networks, between continents and Islands, etc.

Examples The plant in Tokyo Bay, to the Japan contracts. Building giant 400 metres long by 80 in width, which manufactures submarine cables high voltage for the whole world. The unit is owned to 66 by Nexans and 34 by two Japanese groups gathered in the Viscas Corporation. "We delivered in November our first twice 33 kilometres cable, which is gradually beginning of 2009 the province of Guangdong in China to the island of Hainan." "The next step will be to provide the remaining 33 km," explained Jean-Luc Canivet, the Chairman of the joint venture. The contract reached EUR 140 million. Another 146 million was signed to link the 240 kilometres that separate the Spain of the Balearic Islands, with maximum depths of seabed more of 1.400 metres. It will be 7,500 tonnes of cables...

Another element of resistance: the solid presence of the group in the Asia-Pacific. "In 2001, our introduction on the stock market, we are making 2 of our turnover in this area, said Michel Lemaire, the Director of this region. Currently, we are at 14. "Prior to 2000, he had only a single plant in Shanghai: it now has a dozen, including three in South Korea, in China, to the Japan, two in Australia... And sales in the region should exceed the 600 million euros this year.

Optimistic about the crisis

Another plant, this time in Korea South of Jincheon, in the heart of the country. She worked in more than two-thirds for shipbuilding, especially for the largest shipyard in the world, that of Hyundai Heavy Industries (read below). Unity factory 33,000 kilometres of cables of energy per year, and provides hold 28 of market share in the ship to the country of the morning calm. A figure that makes sense, when we know that the Korea of the South holds more than a third of the international shipbuilding market.

We did not put our strategy in the closet, while banks have become chilly." Frédéric Vincent, the Director-General delegate of Nexans, designated CEO Gerard Hauser dauphin, remains optimistic about the global crisis. It does also not new acquisitions or alliances, after those concluded recently with the Chile, Italy, the Qatar, or Belgium recently... "Our debt is only one-third of our own funds, and we have a line of EUR 500 million confirmed credit." "In addition, our bond maturities arrive in 2013 and 2017", said Frédéric Vincent. But if he was now using the 500 million euros available for acquisition, the company would be weakened if pépin. For the moment, the Group therefore prefer not to launch larger operations.

In the immediate future, Frédéric Vincent confirms its forecasts for the year, despite some difficulties in the building and industry. On a proforma basis, Nexans should carry out more than 8 billion euros in sales, more than 6 organic growth, operating margins in course of constant metals of the order of 9, to approximately 23,000 employees and one hundred plants... Not bad for a group specialising mainly in energy cables, which were considered early in the Decade as "a sector of ragamuffin by our ex-maison mother Alcatel to fiber optic division", said the future President.