2017 Yearly Overview | Prysmian Group

13 2017 marked a further acceleration in Prysmian's acquisition-led growth, confirming the Group's determination to act as an aggregator on a global scale, while raising the quality and competitiveness of the entire cable industry. Our General Cable merger agreement represents a fundamental step forward in a long history of growth through the aggregation of major players in the global cable industry. This new landmark deal follows a series of other important transactions, including the acquisition of the assets of Shen Huan Cable in China, that of Corning's copper data cables business in Germany and, less recently, of Gulf Coast Downhole Technologies in the US and Oman Cables Industry. SALES 2017 BY BUSINESS AREA 2017 2016 154 130 127 115 163 214 711 733 8 9 260 266 Telecom Industrial & NWC Oil&Gas Total E&I Energy projects ADJUSTED EBITDA Acquisition-led growth 19% 3% 16% 62% Energy Projects Oil&Gas Telecom Energy Products 41% 19% 2% of which Energy & Infrastructure of which Industrial & Network Components of which other €7,901 million KEY FINANCIALS €7,901 M Sales €733 M Adj EBITDA up from €711 M in 2017 17.8% Excellent performance by Energy Projects 17% Adj EBITDA margin at Telecom €436 M Financial position markedly improved