FY 2018 Outlook Combined



2018 Adj. EBITDA Target

(€ million)






Actual Adj. EBITDA 2012 – 2017

2018 Adj. EBITDA Target Assumption

  • Volume and margin growth in Telecom in line with Q1 trend.

  • Volume trend in E&I and Industrial following Q1 track.

  • Adverse FX impact expected between €20-25m for Prysmian at constant perimeter and €10-15m for General Cable activities.

  • Synergies related to the period between 6th June and 31st December 2018.

  • Energy Projects impacted by €70m WL provision.