Posted by: Windfair Editors
Prysmian publishes financial results for Q1
Image: PixabayOfficial Press Release Prysmian Group:
SOLID START TO THE YEAR. SALES RECOVERED
SALES €2,810M, ORGANIC CHANGE AT +4.6%1 / ADJUSTED EBITDA ROSE TO €213M, MARGINS STABLE AT 7.6% / ENERGY BACK TO PRE-PANDEMIC LEVELS, WITH A +3.4% ORGANIC GROWTH / TELECOM RECOVERED SHARPLY WITH A +11.4% ORGANIC GROWTH / PROJECTS EXPECTED TO IMPROVE IN H2 / SOLID CASH GENERATION: LTM FREE CASH FLOW AT €553M2 / INCREASED CONFIDENCE IN FY 2021 TARGETS
The Board of Directors of Prysmian S.p.A. has approved today the Group’s consolidated results for the first quarter of 2021. “We have seen positive signs in the first quarter of the year, despite the on-going macroeconomic and market uncertainty” commented CEO Valerio Battista. “As a Group with a highly diversified geographical presence and business portfolio, we remain resilient... ... More: Official Press Release Prysmian Group
- Keywords:
- Prysmian, financial statement, results, EBITDA, Q1, Q2, customer, 2020, 2021, profitability, measures, recovery, sales
