Creating value for shareholders and other stakeholders is a key priority for Prysmian, whose policy of strategic and financial communication is directed towards the highest standards of accuracy, clarity and transparency. Actions and procedures are designed to provide the market with credible information about the business, with a view to boosting confidence in the company and facilitating a long-term approach to investments in our shares. Every effort is made to avoid biased disclosures and ensure that all current and potential investors receive the same information, so that balanced investment decisions can be made.
Upon publishing its quarterly data, Prysmian organises conference calls with institutional investors and financial analysts and also invites specialist media representatives to take part. In addition, the Company promptly informs existing and potential shareholders about any action or decision that could have a material impact on their investment. Relations with the financial market were intense during 2021, with more than 500 conference calls and one-on-one or group sessions, which were nearly all carried out as virtual meetings due to the Covid-19 pandemic.
The Company also participated in numerous conferences organised at sector level by leading international brokers (virtual meetings from March onwards), as well as a number of topic-specific road shows (e.g. Energy Transition, Telecom Developments, Innovation).
A total of 19 independent analysts regularly cover the Prysmian stock: AlphaValue, Banca Akros, Bestinver, Barclays Capital, BofA Merrill Lynch, Citi, Credit Suisse, Equita, Exane BNP Paribas, Goldman Sachs, HSBC, Intermonte, Intesa Sanpaolo, JP Morgan, Kepler Cheuvreux, Mediobanca, Morgan Stanley, Societe Generale and Stifel.