Nexans Sa · EURONEXT:NEX
Nexans Sa — Q3 2020 Earnings Presentation
11 slides from Nexans Sa's earnings presentation, Nov 5, 2020
Slide 1: 2020 Third Quarter Financial Information
2020 Third Quarter Financial Information Turning Adversity into Opportunity | Christopher Guérin, CEO | Jean-Christophe Juillard, CFO Paris November 5th, 2020 | Nexans Q3 2020 Results
Slide 2: Safe Harbor
Safe Harbor NB: Any discrepancies are due to rounding This press release contains forward-looking statements which are subject to various expected or unexpected risks and uncertainties that could have a material impact on the Company’s future performance. Readers are also invited to visit the Group’
Slide 3: Main Highlights
Main Highlights Transformation Plan Key Enabler of Nexans’ Underlying Profitability and Sound Cash Generation Last Events Q3 2020 Financial Information | October 31st, 2020 Nexans completed sale of o Standard sales of 1,407 million euros in the third-quarter 2020, representing organic German Metallu
Slide 4: 3Q 2020 Sales
3Q 2020 Sales Demonstrating Operational Resilience in Unprecedented Sanitary Crisis Q3 2020 vs. Q2 2020 Sales & Organic Growth | Resilient operations: organic growth at -9.8% year-on-year. YoY: -9.8% YoY: -8,4% QoQ: +5.6% QoQ: +9,1% Cables (W/O HV) | Recovery in Q3 2020 versus Q2 2020: Group organic
Slide 5: Building & Territories
Building & Territories Organic Decline of -7.8% QoQ and Backlog Growth +4% YoY Covid-19 Impact on Demand in Q3 2020 Overall resilient sales in challenging environment | Territories (Utilities): resilient activity supported by necessity to Australia France High • • renew the obsolescent grids (notabl
Slide 6: Industry & Solutions
Industry & Solutions Strong Rebound in Automotive Harnesses Covid-19 Impact on Demand in Q3 2020 A mixed Performance for Q3 | Automotive Harnesses: strong recovery in Q3 2020 vs. Q2 2020, reaching levels in September 2020 above those of • Automation • Automotive Low Medium High September 2019. Weigh
Slide 7: Telecom & Data
Telecom & Data Environment remains challenging in Telecom Infrastructure; Solid Backlog in Subsea Telecom Covid-19 Impact on Demand in Q3 2020 Telecom & Data activity Challenged by Covid-19 | In LAN Cables and Systems, sales improved during the quarter Weight of sales (+8.1% QoQ) supported by dynami
Slide 8: High-Voltage & Projects
High-Voltage & Projects 9-Months 2020 at +5% Organic Growth vs. Last Year Covid-19 Impact on Demand in Q3 2020 Q3 2020 Project Execution on Track with Backlog Phasing | Subsea high-voltage The teams managed to • Project execution in line with 1.5 b€ adjusted** backlog phasing overcome execution chal
Slide 9: Updated 2020 Guidance
Updated 2020 Guidance EBITDA Range Narrowed, ROCE Improved & FCF Enhanced EBITDA ROCE (1) FREE CASH FLOW Between Between Between 320 and 360 M€ 8% to 10% +50 and +100 M€(2) +200 and +250 M€(3) Previously: 310 – 370 M€ Previously: 7% – 10% Previously: Positive(2) (1) 12 months Operating Margin on end
Slide 10: Turning adversity into Opportunity
Turning adversity into Opportunity Pursue accelerated deployment of “New Nexans” plan (Cost 1 Reductions, SHIFT program & Strategic growth initiatives). Solid rebound in Cable businesses and sound execution in High Voltage Fully operational, despite lockdowns, to support solid backlog across all bus
Slide 11: Thank you
Thank you Paris November 5, 2020 | Nexans Q3 Results