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| PRYSMIAN GROUP
Utilities: growth sustained by high added value-businesses
the utilities business contributed to the
group’s 2013 performance with increasing
profitability even if overall sales declined,
mainly due to the positive performance of the
submarine cables and to a lesser extent of
high voltage underground cables. the order
book value as of end of 2013 gives visibility
over a three-year horizon.
FAct BOOk 2013 >
bUsIness achIeveMents
adjusted ebitDa for utilities
rose to €281 million from
€270 million in 2012.
sales of submarine cables
grew significantly over the
previous year while the order
book stayed the course.
profitabilitY of prYsMian energY cable business
cliMbeD in 2013 Despite a Drop in sales
Sales to third
parties
Euro millions
ADJ. EBITDA
281
2,224
Submarine achievements
two major projects for German
windfarms
in the north sea, prysmian
won a €350 million contract
for the Dolwin3 offshore plant
and secured the project for
connecting the Deutsche bucht
plant.
the Balearics, capri, jersey to be
connected
the group secured the contract
for the second link between
Majorca and ibiza, the normandie
3 project in the english channel
and the first-ever power link
to the mainland for the italian
island of capri.
ExxonMobil platforms powered
by Prysmian
the project will lay new cables at
depths of up to 450 meters.
