Prysmian Group Publishes Results for the First Half of 2020

Wind Industry Profile of

Results confirm strong resilience and solidity. Positive performance of Energy & Infrastructure driven by Onshore Wind, in North America / Stable margins, robust financial structure thanks to cost containment measures. Ongoing deleverage thanks to the strong cash generation / Prysmian Powerlink plays a major role in the energy transition. Record order book at €3.8BN, after securing approximately 50% of German Corridors

The Board of Directors of Prysmian S.p.A. has approved today the Group’s consolidated results for the first half of 2020. Sales at €4,985M (-11.8% organic change). As expected, the Covid-19 crisis mainly impacted the Trade & Installers business (-16.3%) linked to the construction sector, after a strong start. The... ... More: Official Press Release Prysmian Group

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