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Editorial column
Growth gains steam
as half year mark
passed
P
rysmian passed the first half of
the year mark on an upbeat note,
as solid results were posted for
the second quarter, growth
gained steam and important new projects
were secured. CEO Valerio Battista noted
that the results for the first half of 2015
showed that the strategic businesses
of submarine cables and systems and
optical fibre cables “have performed
extremely well”, while the situation in
the more standardized businesses of
power distribution and building wires was
“slowly but steadily improving”.
The global champion of the cable business
also affirmed its leadership as the setter
of new goals for the entire industry as
well as for policy and decision makers.
Prysmian in fact paved the path towards a
full digitalization of Europe by organizing
a round table in the EU Parliament on the
need of quality infrastructure to ensure
long lasting digital network across Europe.
The event, to which Insight devotes
its FOCUS ON section, was co-hosted
by Member of European Parliament
Dominique Riquet, Chair of the Long-
term Investment and Reindustrialization
Intergroup, and saw the interventions of
high-level speakers from the European
Investment
Bank,
the
European
Commission and Parliament, as well as
telecom operators and ICT industries
representatives.
In the GLOBAL SCENARIO section we
report that Europacable launched the
“Industry Charter”, a statute expressing
the commitment to shared principles
and objectives of ethical, sustainable
and high-quality cable development
and manufacturing, promptly signed by
Prysmian Group and several other industry
groups. Green Energy is actually STAGING
TH FUTURE in contemporary world as
Insight reports that renewable targets has
become a global standard in recent years
across the world, with as much as 164
countries have now adopted at least one
type of target, up from just 43 in 2005.
Looking to the future while continuing
DOING BUSINESS. Among the contracts
recently secured was worth reporting
the project to link through a submarine
cable Norway and the UK along a 740
km total route in a €550 million worth
project awarded by Prysmian. At the same
time, Prysmian became a main partner
in Italian High-Speed Rail expansion
by supplying cables and accessories for
a total of more than 1,100 km of lines.
Valuable achievements are not just those
reported quarterly in the sale and order
books: Prysmian has been included in
the prestigious FTSE4Good Global Index,
which is composed of the companies that
stand out for their ethical, transparent
management and implementation of
proper sustainability policies in company
processes.
Editorial Team
Insight