Nexans Announces 2010 third-quarter financial information

Target confirmed for full year operating margin rate of 4.5%

§         Organic growth of 2.8% in the third quarter

§         Confirmed recovery in low and medium voltage energy infrastructure business and special cables

§         Stabilized building sector

§         Net debt reduced despite rise in copper prices 

Nexans today announced 2010 third-quarter sales of 1,566 million euros (at current non-ferrous metal prices), or 1,094 million euros at constant non-ferrous metal prices*, which corresponds to an organic increase of 2.8%**.

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