3

An upbeat journey

through 2015

EDITORIAL COLUMN

The frst quarter oF the year saw Prysmian posting good revenue

growth and substantially higher proftability, allowing us to set a

realistic goal of Adjusted EBITDA in the range of €560- €610 million

For the Full year. The Group a±rmed its global leadership in the cable

industry through its ability to demonstrate resilience against the

backdrop oF the economic downturn and is now benefting From the

progressive signs oF recovery. The Group also continued to beneft

from its persistent focus on organisational and manufacturing-

Footprint e±ciency, while a new record in the transmission order book

added to the upbeat outlook.

In this issue, we FOCUS ON on 2015 being a very special year for the

company, as it marks the 10th anniversary oF becoming Prysmian, but

also on our continuous and steadfast commitment to sustainability, that

has become a hallmark of the company. Commemorations for the 10-

year anniversary include several initiatives aimed at Prysmian people

and stakeholders, as we take the opportunity to have a closer and deeper

look at the achievements of the past decade.

The GLOBAL SCENARIO section is devoted to the new EU Construction

Products Regulation, that sees Prysmian preparing to share key messages

on the importance of the directive, as it contributes to the enhancement of

saFety and the elevation oF quality standards throughout the industry. The

quarter also saw Prysmian secure important new contracts For o²shore

wind farms and cross-country power connection, detailed in the DOING

BUSINESS section. Among the noteworthy achievements in recent months

is the news that Prysmian climbed the league table compiled by Comprend’s

Webranking, the most well-known analysis oF corporate and fnancial

communications in Europe, reported in the GETTING THINGS DONE section.

Editorial Team - Insight