arrow-right angle-down-sx angle-down-dx menu-hamburger search
test
test
test
test
test
test
test
test
test
test
test
test

TOP CONTENT

Partner of the world's key players

Our Business Model

 Prysmian Group promotes a business model based on the concept of shared value through a strategic approach that considers the following elements to be key: listening to and actively involving all internal and external stakeholders, dedicating constant attention to the evolving global and industry context, and planning for the future in a responsible manner that considers the environment and society.
  1. We are a public company and, as such, it is fundamental to align the interests of the Group with those of our stakeholders. We have always maintained open and transparent dialogue with our shareholders, employees, customers and suppliers, the institutions and the communities in which we work. In order to ensure their confidence and support, we strive to maintain high governance standards and practices: for example, 67% of Board members are independent. As a public company, the shareholders’ meetings of the Prysmian Group provide an important opportunity for discussion, involvement and agreement among all shareholders.
 
  1. We strive to align the management objectives of the Group with the sustainability KPIs and, to this end, we have adopted a scorecard that enables us to manage social, economic and environmental matters as a part of our business activities. The Prysmian Group’s scorecard comprises 14 objectives with a business impact. These are clear and measurable objectives identified with reference to 3 parameters: the 17 Sustainable Development Goals for 2030 (SDGs) defined by the United Nations, requests from major International Sustainability Indexes and the needs and expectations of our stakeholders, which are mapped each year via the Group’s stakeholder engagement initiatives.
 
  1. The incentive scheme for all managers within the Prysmian Group is linked to the achievement of objectives for the improvement of our ESG parameters. The 2019 Remuneration Policy adopted by the Group includes a system of variable remuneration based partly on performance on sustainability matters and, in particular, on the positioning of the Group in the three main sustainability indexes - Dow Jones Sustainability Index, CDP Index, EcoVadis Index - and partly on the progress made on implementing the action plans for three matters of importance to the business: the level of gender diversity in management, the reduction of CO2 emissions and occupational health and safety.

Broadening horizons for Energy Projects

We’re breaking boundaries in cable projects delivery. Our execution capabilities, production capacity and equipment investments mean we’re second to none. We provide state-of-the-art solutions for High Voltage Underground and Submarine cable links in some of the world’s most challenging environments.

Whether it’s turnkey services for the construction of submarine power links for large offshore wind farm hubs in Germany, or installing submarine cables up to 2,000 metres depth using Giulio Verne, one of the largest and most technologically advanced cable-laying ships in the world, we’re pushing possibility forward in all areas, across the world.

Broadening horizons for Energy Projects

Projects Financial Results

(EURO MILLION) 2015 2016 2017 2018 2019
SALES
1,416
1,634
1,490
1,751
1,844
ORGANIC GROWTH
11.9%
18.5%
(4.8%)
1.7%
(5.8%)
ADJ. EBITDA
221
260
266
101
228

Diverse and innovative Energy Products

We offer one of the most complete and extensive product ranges in the world. And we’re always evolving to meet the needs of our customers, enhancing operations and boosting profitable growth. Delivered by our Energy & Infrastructure businesses (including Power Distribution and Trade & Installers), and Industrial & Network Components businesses (including Specialties & OEM, Elevators, Automotive and Network Components), we’re positioned to drive constant progress in the provision of power around the world.

Diverse and innovative Energy Products

Energy Financial Results

(EURO MILLION) 2015 2016 2017 2018 2019
SALES
4,415
4,469
4,880
8,139
8,027
ORGANIC GROWTH
1.9%
(3.6%)
0.9%
2.4%
0.0%
ADJ. EBITDA
252
280
244
372
505

Pioneering solutions for Telecom

We’re one of the world’s largest producers of telecoms cables, delivering optical fibre, optical and copper cabling solutions. We’re at the heart of many of the planet’s leading telecoms operators.

Advances in technological solutions and innovation for broadband, alongside the continuing successes of our three business units –Telecom Solutions, Optical Fibre and Multimedia – are creating opportunities for new growth, connections and enhancements to living and working everywhere.

Telecom Financial Results

(EURO MILLION) 2015 2016 2017 2018 2019
SALES
1,109
1,164
1,258
1,634
1,648
ORGANIC GROWTH
9.9%
8.5%
5.3%
6.4%
0.4%
ADJ. EBITDA
134
163
214
295
274

Competitors

Nexans, Southwire, Sumitomo Electronic, CommScope, Jangsu Shanshang, LS Cable, Furukawa, Leoni, NKT Cables