Prysmian Publishes Results

Wind Industry Profile of

Profitability targets achieved, demonstrating resilience in the year of Covid-19 / Acceleration on ESG and climate change, Prysmian adopts science-based targets (1.5°), with net zero goal by 2040 (scope 1 and 2) / Proposed dividend pay-out rises to €0.50 per share

Sales at €10BN, organic change at -8.3% , improvement in Q4 (-4.8%) ADJUSTED EBITDA at €840M, resilient margins at 8.4% (8.7% in FY 2019) Record Free Cash Flow at €487M   Good performance of Power Distribution and renewables in the US Telecom: recovery of optical cables, particularly in North America, after the expected decrease in... ... More: Official Press Release Prysmian

Keywords:

Prysmian, results, 2020, share, net zero, financial, cables, sales, COVID-19, business, digitalisation, emissions, high voltage