11/10/2022
Posted by: Windfair Editors
Prysmian celebrates all time record quarter
Official Press Release Prysmian Group:
Prysmian: All time record quarter. Energy transition and digitalisation drive performance growth across all businesses and geographical areas
Wind Industry Profile of
FY2022 Targets revised upwards: FY 2022 Adjusted EBITDA at €1,425-1,475 BN; FCF up to €450-500M / Order book record at €6.85 BN
FINANCIAL HIGHLIGHTS Sales at €12,089M, organic growth at +15.0% (+16.2% in Q3) Adjusted EBITDA jumped to €1,131M (+56.0%), margins improved (9.4%) Group net profit surged to €431M (+69.0%) Robust cash generation: LTM Free Cash Flow at €344M1 Net debt down to €2,372M (€291M deleverage vs September 2021) The Board of Directors of Prysmian S.p.A. has approved today the Group's consolidated results for the first nine months of 2022. “Prysmian reported the best quarter ever, with... ... More: Official Press Release Prysmian Group
- Keywords:
- Prysmian, record, energy transition, adjustment, win, outlook, up, growth, energy, cables, telecom, orders
