3 Continue reading on the following pages Focus On In this issue of INSIGHT focusing on Capital Markets Day 2023, four of Prysmian’s top executives including CEO-designate Massimo Battaini offer a deep dive into why they have reshaped the company into four new segments to seize market trends and opportunities: Renewable Transmission, Power Grid, Electrification and Digital Solutions. “Connect, to Lead” will reshape Prysmian’s business to structurally align with the new market dynamics; selectively expand capacity through self-funded investment; and raise the bar on empowering the group’s people – creating more value for all the group’s stakeholders. Prysmian’s top executives reveal its new “Connect, to Lead” strategy to position the group for continued Energy Transition and Digital Transformation leadership. Prysmian Group’s Capital Markets Day on October 5, 2023 launched “Connect, to Lead,” a new strategy accompanied by financial and social targets designed to win in new growth areas. It calls for a selective acceleration of investments to meet growing demand, and set a 2027 target for adjusted EBITDA of around €2 billion, up by about a third compared to the €1.49 billion achieved in 2022.
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