2020-09-20
http://w3.windfair.us/wind-energy/news/34480-prysmian-results-q1-financial-results-energy-outlook-projects-germany-covid-19-scenario-corridor-energy-transition-cables-submarine-offshore-wind-farm-energy

Prysmian Publishes Q1 Results

Image: Prysmian GroupImage: Prysmian Group
Results for the quarter confirm a solid start of the year, but the Covid-19 crisis will hit soon

Official Press Release Prysmian Group:

Prysmian S.p.A Q1 2020 Financial Results

Wind Industry Profile of
Prysmian S.p.A Q1 2020 Financial Results

Results for the quarter confirm a solid start of the year but impacts of Covid-19 as of the second half of March / German Corridors projects for over one billion euros already awarded to Prysmian, confirming its role as energy transition enabler / Solidity of the economic and financial structure and confirmation of the Group’s cash generation capacity / The Anti Covid-19 measures promptly taken focus on people safety, supply chain reactiveness, business protection, and mitigation of economic and financial impacts

The Board of Directors of Prysmian S.p.A. has approved today the Group’s consolidated results for the first quarter of 2020. Sales at €2,587M (-5.4% organic change); solid performance in North America (+3.6%), chiefly... ... More: Official Press Release Prysmian Group

Keywords:
Prysmian, results, Q1, financial results, energy, outlook, projects, Germany, COVID-19, scenario, corridor, energy transition, cables, submarine, offshore, wind farm, energy







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