A New Structure
for Growth

Getting things done

A New Structure for Growth

Combining strengths with a new structure that allows us to work as one team from the start.

From the very start, we want the newly united Group to operate as one company, with a single workforce and management team, and well-identified targets with the goal of being fully aligned, focused on delivering results, right away. We have set out clear goals and principles to help us achieve this. First, we aim to protect our business. The new organisation is designed to reflect our go-to-market strategy and combined product portfolio to prevent revenue loss.

At the same time, we will focus on value creation. The combined structure is agile, flexible, and allows us to use capital efficiently and generate strong cash flow from operations. We are also strongly committed to foster a culture of accountability. The new structure is simple, and the model is easy to understand. This means clear accountability, with transparent monitoring of our progress towards business goals and expected results.

We will also preserve our culture of being sensitive to differences and diversities. We are aware of different national and company cultures. We are working towards achieving a smooth, mutually-beneficial blending of cultures: the new Prysmian Group will be stronger if everyone feels at home.

A Competitive Advantage

Prysmian Group and General Cable have proud histories. Both have created solid competitive advantages. We can learn a great deal from our combined experiences.

The new organisation of the combined Group is designed to incorporate all our strengths. Prysmian Group has consistently maintained world-class standards in its global corporate governance, integrated global businesses management, efficient use of capital, and key-process control.

General Cable has led the way on key-account management. It also has a strong focus on product innovation: its wealth of product know-how complements Prysmian Group’s own expertise, allowing us to generate powerful opportunities. In keeping with our guiding principles, the design of the business structure and key processes is specifically designed to utilise on the strengths of the two companies.

The new organisation  of the combined Group  is designed to incorporate all our strengths.