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TOP CONTENT
Our scope

Creating value for our stakeholders

Listed on the Milan Stock Exchange in the FTSE MIB Index since 2007, our core focus is securing long-term value for our stakeholders, and inspiring continued market confidence in the company with continued product innovation, an unwavering focus on efficiency and the timely execution of projects.

Prysmian Group 1Q 2022 Financial Results

12th May 2022, at 4pm CET

 

  • Record sales at €12,736M, organic growth at +11.0%
  • Adjusted EBITDA AT €976M, +16.2% vs 2020 (updated guidance: €920M–€970M)
  • Stable margins at 7.7% (8.6% at 2020 metal prices vs 8.4% in 2020)
  • Group net profit rose to €308M from €178M (+73%)
  • Solid performance across all businesses; strong execution in Projects in Q4
  • Strong cash flow generation, Free Cash Flow at €365 M[ Excluding cash flows due to acquisitions, disposals and antitrust-related issues.] (vs guidance of €300M ± 20%) and Net Debt decreasing to €1,760M vs €1,986M at 2020 year-end
  • CO2 emissions decreased by 22,1% compared with the baseline set in 2019 (certified by SBTi)
  • Proposed dividend increased to €0.55 per share (+10% vs. 2020)

Financial Results at 31 December 2021

€12BN

Sales

€976M

ADJUSTED EBITDA

€365M

Cash Flow

The video interview of CEO Valerio Battista

OUR SUSTAINABLE GROWTH STRATEGY

 

Sustainability is in our DNA and is integrated into our business and organization. We are constantly reinforcing our range of technologies in support of energy transition and commits to increase the percentage of our sales from low carbon products to 50% by 2022.

The Prysmian Group is a true public company, with a 100% free float and approximately 80% of its capital held by institutional investors. Creating value for shareholders is a key driver in our strategic decisions at all levels. In line with our listing on the Milan Stock Exchange, we have a strong market-friendly culture.

Regulations, agendas, minutes and documents from our shareholder's meetings.

Upcoming Events

28

July 2022

Half-yearly Financial Report as of June 30th, 2022

10

November 2022

Interim Management Statements as of September 30th, 2022