Trade Prysmian SPA - PRY CFD

Prysmian Company profile

About Prysmian SpA

Prysmian SpA is an Italy-based company active in the the development, design, production, supply and installation of cables. The Company’s business activities are divided into three principal sectors: Energy and Telecom. The Energy segment is divided into four lines of business, including Utilities, which consists of power transmission systems, submarine power transmission and distribution systems, power distribution cables and systems, and grid accessories and components; Trade & Installers, offers cables for power distribution to and within buildings; Industrial, which includes cables for renewable, automotive, elevator and oil and gas sectors, and Other, which is active in the sale of semi-finished products, raw materials or other goods. The Telecom segment makes cable systems and connectivity products used in telecommunication networks, including optical fibre, optical cables, connectivity components, Optical Ground Wire ( OPGW) and copper cables, among others.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Prysmian SpA revenues increased 27% to EUR12.74B. Net income increased 73% to EUR308M. Revenues reflect E&I segment increase of 34% to EUR6.36B, Industrial & NWC segment increase of 26% to EUR2.84B, EMEA segment increase of 25% to EUR5.41B, North America segment increase of 27% to EUR3.9B. Net income benefited from Foreign currency exchange gains increase of 39% to EUR639M (income).

Equity composition

7/2018, Rights Issue, 2 new shares for every 15 shares held @ EUR15.31 (Factor: 1.03434).