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| PRYSMIAN GROUP
in 2013, prysmian group posted an adjusted
ebitDa of €612 million, within the range of
the initial guidance of €600-€650 million,
down 5.5% on 2012, mainly due to negative
exchange rate effects. excluding those effects
it came in at €635 million, in the upper end
of the range. the net financial position
further amounted to €834 million, a further
improvement from €918 million at the end
of 2012, while the free cash-flow remained
strong at €170 million. the cumulated
synergies from the merger with Draka were
above target at €120 million. the total sales
figures showed negative organic growth over
the previous year of 3.1% to €7,273 million,
with the margin on sales further improved to
8.4% from 8.2% the previous year.
in line with its growth strategy,
the group performed well in
high value-added businesses
while focusing its investments
in the same business areas.
Protecting profitability
17%
24%
26%
Latin America
8%
63%
€7.3
bn
€7.3
bn
31%
ebitDa
€612 MIllIon
net financial position
€834 MIllIon
free cash flow
€170 MIllIon
cuMulateD sYnergies
€120 MIllIon
Financial achievements
FAct BOOk 2013 >
FInancIal achIeveMents
