Information on French Competition Authority investigation


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_PRESS RELEASE_

Paris, January 30, 2024Nexans informs that the French Competition Authority is carrying out searches at three Nexans sites in France today.

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The searches are part of an investigation in the sector of distribution of energy cables in the territory of DOM-TOM.

Nexans is cooperating with the French Competition Authority.

About Nexans

For over a century, Nexans has played a crucial role in the electrification of the planet and is committed to electrifying the future. With approximately 28,000 people in 42 countries, the Group is paving the way to a new world of safe, sustainable and decarbonized electricity that is accessible to everyone. In 2022, Nexans generated 6.7 billion euros in standard sales. The Group is a leader in the design and manufacturing of cable systems and services across four main business areas: Power Generation & Transmission, Distribution, Usage and Industry & Solutions. Nexans was the first company in its industry to create a Foundation supporting sustainable initiatives, bringing access to energy to disadvantaged communities worldwide. The Group is recognized on the CDP Climate Change A List as a global leader on climate action and has committed to Net-Zero emissions by 2050 aligned with the Science Based Targets initiative (SBTi).

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Nexans. Electrify the future.

Nexans is listed on Euronext Paris, compartment A.
For more information, please visit www.nexans.com

Contacts:

Communication

 

Mael Evin (Havas Paris)
Tel. : +33 (0)6 44 12 14 91
nexans_h@havas.com

 

Emmanuel Guinot
emmanuel.guinot@nexans.com

 

Maëllys Leostic
maellys.leostic@nexans.com

 
Investor relations

 

Elodie Robbe-Mouillot
Tel.: +33 (0)1 78 15 03 87
elodie.robbe-mouillot@nexans.com

        

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01.11.12 Nexans neutral Sarasin Research
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23.10.12 Nexans underperform Cheuvreux SA
23.10.12 Nexans buy Société Générale Group S.A. (SG)
22.10.12 Nexans neutral Sarasin Research

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