Nexans S.A. (NEXNY) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.735 Welcome to the Nexen's Half Year 2026 Earnings Call. 00:00:03.735 -- 00:00:08.199 For the first part of the conference call, the participants will be in listen-only mode. 00:00:08.199 -- 00:00:13.144 During the questions and answers session, participants are able to ask questions by dialing 00:00:13.144 -- 00:00:18.609 pound key 5 on their telephone keypad. Now I will hand the conference over to the speakers, 00:00:18.609 -- 00:00:22.152 Julien Hueber, CEO, and Vincent Piquet, CFO. 00:00:22.152 -- 00:00:24.613 Please go ahead. 00:00:25.478 -- 00:00:30.741 So good morning, everyone, and thank you for joining us today for Nexon's first half 00:00:30.741 -- 00:00:35.924 2026 result call. I'm here today with Vincent Piquet, our CFO, and together 00:00:35.924 -- 00:00:40.566 we'll take you through our H1 2026 performance. 00:00:41.228 -- 00:00:42.809 As usual, 00:00:42.809 -- 00:00:47.292 our disclaimer noting that this presentation contains forward-looking statements subject 00:00:47.292 -- 00:00:50.552 to the usual risk and uncertainties. 00:00:52.095 -- 00:00:57.574 Slide three, so let me throw you for the key highlights of our first half-2026 00:00:57.574 -- 00:00:59.574 performance. 00:00:59.815 -- 00:01:04.576 Nexon delivered once again its strategy of profitable growth and further increased its 00:01:04.576 -- 00:01:07.558 exposure to the U.S. market. 00:01:07.558 -- 00:01:12.579 Starting with growth performance, standard sales reached €3.2 billion, up 00:01:12.579 -- 00:01:15.160 by 1.5% organically, 00:01:15.160 -- 00:01:21.016 driven by a strong electrification performance with organic growth up by 4.5%, 00:01:21.016 -- 00:01:27.039 More than offsetting the expected decline in other activities linked to metallurgy. 00:01:27.52...