Nexans (STU:NXS)

€ 131.9 0.5 (0.38%) Market Cap: 5.77 Bil Enterprise Value: 6.58 Bil PE Ratio: 22.29 PB Ratio: 3.15 GF Score: 73/100

Q1 2019 Nexans SA Corporate Sales Call Transcript

May 02, 2019 / 07:00AM GMT

Release Date Price: €32.16 (+3.01%)

Transcript

Operator

Good day, everyone, and welcome to the First Quarter 2019 Financial Information Conference Call hosted by Christopher GuÃ©rin, CEO. My name is Adrian, and I'm the Event Manager. (Operator Instructions) I'd like to advise all parties that conference is being recorded. And now I'd like to hand over to Christopher. Please go ahead.

Christopher GuÃ;rin

Nexans S.A. - CEO

© -

Good morning, everyone. Thank you to be present over the phone to listen our Nexans quarterly result. This is Chris GuÃ©rin speaking. And I am sitting here together with the group CFO, Jean-Christophe Juillard. As you can see regarding the press release, quarter financial information concerning sales only, but let us give you a brief summary on more color picture before opening the floor to your question in regards to the situation of Nexans.

This morning, we have reported a strong growth for the first quarter, above 10% organic sales growth for cables and wire activities, reflecting, of course, a dynamic start to the year in order roughly. A 10% organic growth a year,

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