Nexans S.A. (NEXNY) Q1 2026 Earnings Call

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WEBVTT 00:00:01.550 -- 00:00:05.915 Welcome to the Nexen's Q1 2026 Financial Information. 00:00:05.915 -- 00:00:10.460 For the first part of the conference call, the participants will be in listen-only mode. 00:00:10.460 -- 00:00:15.126 During the questions and answers session, participants are able to ask questions by dialing 00:00:15.126 -- 00:00:21.033 pound key 5 on their telephone keypad. Now I will hand the conference over to the speakers. 00:00:21.033 -- 00:00:24.717 Julian Huber, CEO, and Vincent Piquet, CFO. 00:00:24.717 -- 00:00:27.158 Please go ahead. 00:00:28.111 -- 00:00:32.878 Good morning, everyone, and thank you for joining us today for Nesson's first quarter 00:00:32.878 -- 00:00:39.264 2026 financial information call. So, as usual, a short 00:00:39.748 -- 00:00:44.796 disclaimer, noting that this presentation contains forward-looking statements and 00:00:44.796 -- 00:00:48.298 subject to the usual risks and uncertainties. 00:00:48.641 -- 00:00:54.807 So, let me now walk through the highlights of our Q1 2026 performance. 00:00:56.157 -- 00:01:01.502 So we started 2026 with a solid performance in our electrification core businesses, 00:01:01.502 -- 00:01:06.607 delivering a robust plus 4.9% organic growth in Q1, fully 00:01:06.607 -- 00:01:11.352 in line with our roadmap and supported by strong underlying demand. 00:01:11.352 -- 00:01:16.437 At group level, standard sales reached 1.5 billion euros, corresponding to 0.1% organic 00:01:16.437 -- 00:01:21.963 growth, as the good performance in electrification was offset by the contraction 00:01:21.963 -- 00:01:26.988 in our metallurgy activities as expected. following last year's exceptional 00:01:26.988 -- 00:01:31.911 copper ordering level in the U.S. ahead of tariff implementation. 00:01:32.634 -- 00:...