Company Profile
Prysmian S.p.A. specializes in the design, manufacturing, marketing and installation of wires and cable systems. Net sales break down by family of products as follows:
- electrical wires and cable systems (88.3%): cables for distributing low, medium, and high voltages, special cables for industrial equipment, undersea cables, underground cables, signaling cables, battery cables, etc.;
- telecom wires and cable systems (11.7%): copper and fiber-optic cables, communication cables with metal conductors, components and cable systems for long-distance networks, etc.
At the end of 2022, the group had 108 production sites worldwide.
Net sales (excluding projects) are distributed geographically as follows: Europe/Middle East/Africa (45.9%), North America (36.9%), Latin America (9.2%) and Asia/Pacific (8%).
- electrical wires and cable systems (88.3%): cables for distributing low, medium, and high voltages, special cables for industrial equipment, undersea cables, underground cables, signaling cables, battery cables, etc.;
- telecom wires and cable systems (11.7%): copper and fiber-optic cables, communication cables with metal conductors, components and cable systems for long-distance networks, etc.
At the end of 2022, the group had 108 production sites worldwide.
Net sales (excluding projects) are distributed geographically as follows: Europe/Middle East/Africa (45.9%), North America (36.9%), Latin America (9.2%) and Asia/Pacific (8%).
Source: Cofisem - Last Update: 2023-08-31
Key Executives
| Chief Executive Officer | Valerio Battista |
| Chief Operating Officer | Massimo Battaini |
| Director of Sustainable Development | Maria Cristina Bifulco |
| Investor Relations Director | Maria Cristina Bifulco |
| Chief Communication Officer | Lorenzo Caruso |
| Chief Financial Officer | Pier Francesco Facchini |
| Chief Strategy Officer | Iuri Longhi |
| Chief Human Resources Officer | Fabrizio Rutschmann |
| Director Research & Development | Srinivas Siripurapu |
Source: Cofisem - Last Update: 2023-08-01
Key Figures
| Millenium | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Net sales | 16,067,000 | 12,736,000 | 10,016,000 | 11,519,000 | 10,158,000 |
| Income from ordinary activities | 16,067,000 | 12,736,000 | 10,016,000 | 11,519,000 | 10,158,000 |
| Operating income | 802,000 | 545,000 | 335,000 | 545,000 | 251,000 |
| Cost of financial indebtedness net | 104,000 | 104,000 | 87,000 | 99,000 | 101,000 |
| Equity-accounted companies contribution to income | 47,000 | 27,000 | 18,000 | 24,000 | 59,000 |
| Net profit from discontinued activities | |||||
| Net income | 509,000 | 310,000 | 174,000 | 296,000 | 130,000 |
| Net income (Group share) | 504,000 | 308,000 | 178,000 | 292,000 | 130,000 |
| Fiscal year end | 12.22 | 12.21 | 12.2 | 12.19 | 12.18 |
| Length of fiscal year (month) | 12 | 12 | 12 | 12 | 12 |
| Currency & Unit | EUR - thousands | EUR - thousands | EUR - thousands | EUR - thousands | EUR - thousands |
| Account Standards |
Source: Cofisem - Last Update: 2023-08-31
Shareholder information
| Other investors | 47.4 % |
| Individual shareholders | 8.3 % |
| BlackRock, Inc. | 7.5 % |
| Crédit Agricole S.A. | 6 % |
| UBS AG | 4.5 % |
| T. Rowe Price Group Inc. | 4 % |
| Sun Life Financial Inc. | 3.6 % |
| Other shareholders | 3.2 % |
| Managers and Associates | 3 % |
| Norges Bank | 3 % |
| Hardman Johnston Global Advisors LLC | 2.9 % |
| The Vanguard Group, Inc. | 2.9 % |
| Schroders plc | 2 % |
| Group-owned stock | 1.7 % |
Source: Cofisem - Last Update: 2023-08-31
Address
Prysmian S.p.A.
Via Chiese 6
IT-20126 Milano, Lombardia
Italy
Phone number: +39 026449 1
https://www.prysmiangroup.com/en
Source: Cofisem - Last Update: 2023-08-31
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