Prysmian Group Publishes Strong Results for the First Half of 2019

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The Board of Directors of Prysmian S.p.A. has approved today the Group’s consolidated results for the first half of 2019.

Sales at €5,849M (+1.9% organic growth), with strong growth in North America (+4.7%) Excellent performance in Telecom (+7.9%); positive trend in Energy & Infrastructure (+3.1%) Adjusted EBITDA increased to €521M (+26.2% vs H1 2018), 8.9% ratio to Sales (7.1% in H1 2018) Improved profitability: solid trend in Energy & Infrastructure; strong growth in optical cables and MMS Viking Project awarded to Prysmian for about €700M; projects awarded in the first 7 months worth €1.1BN Net profit has doubled to €192M (€80M in H1 2018) FY19 guidance confirmed... ... More: Official Press Release Prysmian Group

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