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 (74%): cables for distributing low, medium, and high voltages, special cables for industrial equipment, signaling cables, battery cables, etc.;
- underground and submarine high-voltage power cables, submarine telecommunication cables, and offshore specialty cables (16.3%);
- telecom wires and cable systems (9.7%): copper and fiber-optic cables, communication cables with metal conductors, components and cable systems for long-distance networks, etc.
At the end of 2023, the group had 108 production sites worldwide.
Net sales (excluding projects) are distributed geographically as follows: Europe/Middle East/Africa (47%), North America (35.5%), Latin America (9.6%) and Asia/Pacific (7.9%).
- electrical wires and cable systems (74%): cables for distributing low, medium, and high voltages, special cables for industrial equipment, signaling cables, battery cables, etc.;
- underground and submarine high-voltage power cables, submarine telecommunication cables, and offshore specialty cables (16.3%);
- telecom wires and cable systems (9.7%): copper and fiber-optic cables, communication cables with metal conductors, components and cable systems for long-distance networks, etc.
At the end of 2023, the group had 108 production sites worldwide.
Net sales (excluding projects) are distributed geographically as follows: Europe/Middle East/Africa (47%), North America (35.5%), Latin America (9.6%) and Asia/Pacific (7.9%).
Source: Cofisem - Last Update: 2024-04-09
Key Executives
| Chief Executive Officer | |
| Chief Financial Officer | |
| Chief Operating Officer | |
| Chief Investor Relations Officer | |
| Director of Sustainable Development | |
| Strategy Director | |
| Chief Human Resources Officer | |
| Director Research & Development |
Source: Cofisem - Last Update: 2024-04-09
Key Figures
| Millenium | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Net sales | 15,354 | 16,067 | 12,736 | 10,016 | 11,519 |
| Income from ordinary activities | 15,354 | 16,067 | 12,736 | 10,016 | 11,519 |
| Operating income | 860 | 802 | 545 | 335 | 545 |
| Cost of financial indebtedness net | 104 | 104 | 104 | 87 | 99 |
| Equity-accounted companies contribution to income | 47 | 27 | 18 | 24 | |
| Net profit from discontinued activities | |||||
| Net income | 547 | 509 | 310 | 174 | 296 |
| Net income (Group share) | 529 | 504 | 308 | 178 | 292 |
| Fiscal year end | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Length of fiscal year (month) | 12 | 12 | 12 | 12 | 12 |
| Currency & Unit | EUR - millions | EUR - millions | EUR - millions | EUR - millions | EUR - millions |
| Account Standards | IFRS | IFRS | IFRS | IFRS | IFRS |
Source: Cofisem - Last Update: 2024-04-09
Shareholder information
| Individual shareholders | |
| Group-owned stock | |
| Other shareholders | |
| Other investors | |
| BlackRock, Inc. | |
| Crédit Agricole S.A. | |
| Managers and Associates | |
| Hardman Johnston Global Advisors LLC | |
| Norges Bank | |
| Schroders plc | |
| Sun Life Financial Inc. | |
| The Vanguard Group, Inc. | |
| T. Rowe Price Group Inc. | |
| UBS AG |
Source: Cofisem - Last Update: 2024-04-09
Address
Prysmian S.p.A.
Via Chiese 6
IT-20126 Milano
Italy
Phone number: +39 026449 1
https://www.prysmian.com
Source: Cofisem - Last Update: 2024-04-09
Contact
Maria Cristina Bifulco
Investor.Relations@prysmian.com
Investor.Relations@prysmian.com
Source: Prysmian S.p.A. - Last Update: 2024-04-09
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