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“2015 was a year of important achievements for us and our
stakeholders. We managed to secure growth and profitability
in a still uncertain global economic environment, mainly
thanks to our continuously improved execution capability and
to our disciplined financial attitude. We are now looking at the
future with a degree of optimism, as a strong order backlog
gives us some visibility.”
Valerio Battista
CEO of Prysmian Group
Securing growth, sustainably
"The year has closed with better-than-expected results as
our ability to defend the more strategic, high value-added
businesses continued to be decisive.Themarket for submarine
cables and systems has rewarded our project execution
capability, which has been further enhanced by investments
in technological innovation, production capacity and in
installation. In the Telecom business, the recovery of optical
fibre competitiveness and our ability to develop innovative
technological solutions for broadband, are allowing us to take
full advantage of the opportunities in what is proving a solid
market. All this, combined with careful financial management,
has helped to ensure strong cash flows and a considerably
better net financial position than expected.”
“As the global leader of the cable industry, Prysmian helps to
provide the economies of the world with power and
communication, it lights cities up, it helps people to move
and communicate, and it makes a contribution to lasting and
sustainable industrial development. Our world is our clients,
thatmeans themainpower and telecommunication operators
of the globe, and the entire global society that benefits from
their services. We shoulder a great responsibility. That’s
why we believe in sustainability and make it happen, by
constantly searching for innovative technological solutions.”
“I hope this publication, starting this year, will be of some help
to our stakeholders for a better understanding of who we are,
what we stand for and where we are heading.”