03/09/2020
Posted by: Windfair Editors
Prysmian Group Publishes Results for 2019
Official Press Release Prysmian Group:
Prysmian S.p.A. Results at 31 December 2019
Wind Industry Profile of
Improved profitability, adjusted EBITDA at €1,007m (€767M FY 2018 combined) / Free cash flow at €433M (€100M FY 2018), exceeding the 2019 guidance / Net profit increased to €296M (€58M IN FY 2018) / Strengthened submarine leadership, focus on energy transition
Order book again to over €2 billion (at 31 December 2019) Synergies from General Cable integration at €140M FY 2019 VS a target of €120M 48% of 2019 sales from low carbon enabling products Net financial debt improved to €2,140M, €1,971M before IFRS 16 (€2,222M at 31/12/2018) FY 2020 guidance: Adjusted EBITDA expected in the range of... ... More: Official Press Release Prysmian Group
- Keywords:
- results, year, fiscal year, EBITDA, 2019, board, approval, energy transition, cables, submarine, offshore
