---
title: Nexans discloses its 2020 financial results, its new strategy as well as 2 main partnerships - PES - Power & Energy Solution
description: On Wednesday, February 17, 2021, Nexans has disclosed its 2020 financial results. The company has successfully anchored its transformation by unlocking value and setting a strong financial footing across the Group. This relies, amongst other things, on a steady EBITDA performance and net income turnaround as well as an outperformance in ROCE and free cash [...]
---

[Press Releases ](https://pes.eu.com/press-releases)

# [Nexans discloses its 2020 financial results, its new strategy as well as 2 main partnerships - PES - Power & Energy Solution](https://pes.eu.com/press-releases/nexans-discloses-its-2020-financial-results-its-new-strategy-as-well-as-2-main-partnerships)

 Written by [Admin](https://pes.eu.com/press-releases/author/admin) | Feb 18, 2021 12:00:00 AM

On Wednesday, February 17, 2021, Nexans has disclosed its 2020 financial results. The company has successfully anchored its transformation by unlocking value and setting a strong financial footing across the Group. This relies, amongst other things, on a steady EBITDA performance and net income turnaround as well as an outperformance in ROCE and free cash flow and a 10-year low Net Debt.

The same day Nexans Capital Markets Day took place virtually with hundreds investors from around the world. Nexans presented the purpose, the medium-term strategy, and the long term ambition including a report card of the New Nexans Project introduced in July 2018. Because the global warming is accelerating; because the blackouts are happening more frequently; and because the world will become electric much faster than planned, it is the time to change. By 2024, Nexans will become a pure player in electrification, and it will lead the charge to a safer, sustainable, renewable, decarbonized and accessible new world of electrification.

Nexans has also seized this opportunity to announce 2 major partnerships. Orange becomes one of the preferred connectivity partners of Nexans for the worldwide deployment of its IoT solutions. And Nexans will work closely with Schneider on circular economy.

[View full post](https://pes.eu.com/press-releases/nexans-discloses-its-2020-financial-results-its-new-strategy-as-well-as-2-main-partnerships)

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