2019 07 24 Pr Nexans H1 2019
19/08/2024 - www.nexans.com
PRESS RELEASE
NEXANS POSTS A SOLID PERFORMANCE FOR THE
FIRST HALF 2019
"
Sales of 3.432 billion
euros, representing +5.0% organic growth1
"
EBITDA of 195
million euros2 for the first half 2019 (versus 153 million
euros in first half 2018), up +19% like-for-like
"
Progress of the New Nexans plan in line with expectations,
contributing +48 million euros to
EBITDA before price cost-squeeze
"
Reorganization costs of -182 million euros impacting net income Group
share (-116 million euros)
"
Consolidated net debt of 709 million euros at June 30, 2019, up
+43 million euros year on year based on like-for-like data
"
Improved EBITDA outlook for 2019 now expected to be between 360 and
390...