OverviewSuggest Edit

Prysmian Group is a global manufacturer of cable solutions primarily for the energy and telecommunications industries. The company produces, distributes, and sells underground and submarine cables and systems for power transmission and distribution, medium and low voltage cables for the construction and infrastructure sectors, and special cables for applications in other industries. It also provides cables and accessories for voice, video and data transmission, offering a range of optical fibers, optical and copper cables, and connectivity systems.

TypePublic
Founded1879
HQMilano, IT
Websiteprysmiangroup.com
Employee Ratings3
Overall CultureA+

Latest Updates

Employees (est.) (Jun 2021)29,826(+6%)
Job Openings465
Revenue (FY, 2019)€11.5 B(+14%)
Share Price (Nov 2021)€33.3
Cybersecurity ratingBMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Prysmian Group

Valerio Battista

Valerio Battista

Chief Executive Officer & General Manager
Alessandro Nespoli

Alessandro Nespoli

Chief Compliance & Internal Audit Officer
Srinivas Siripurapu

Srinivas Siripurapu

Chief Research & Development Officer
Fabrizio Rutschmann

Fabrizio Rutschmann

Chief Human Resources Officer
Pier Francesco Facchini

Pier Francesco Facchini

Chief Financial Officer - Executive Director
Massimo Battaini

Massimo Battaini

Chief Operating Officer
Show more

Prysmian Group Office Locations

Prysmian Group has offices in Milano, Giovinazzo, Legnano, Livorno and in 69 other locations
Milano, IT (HQ)
Via Chiese, 6
Giovinazzo, IT
Contrada Torre Del Tuono
Legnano, IT
Via Don Lorenzo Milani, 20
Livorno, IT
Via dell' Artigianato, 65
Merlino, IT
SP181, 1b
Milano, IT
Viale Sarca, 222
Show all (80)

Prysmian Group Financials and Metrics

Prysmian Group Revenue

Embed Graph
View revenue for all periods
Prysmian Group's revenue was reported to be €11.52 b in FY, 2019 which is a 14% increase from the previous period.
EUR

Revenue (Q2, 2020)

2.4b

Gross profit (Q2, 2020)

1.0b

Gross profit margin (Q2, 2020), %

42.4%

Net income (Q2, 2020)

56.0m

EBIT (Q2, 2020)

115.0m

Market capitalization (10-Nov-2021)

8.8b

Closing stock price (10-Nov-2021)

33.3

Cash (30-Jun-2020)

721.0m

EV

11.3b
Prysmian Group's current market capitalization is €8.8 b.
Annual
EURFY, 2017FY, 2018FY, 2019

Revenue

7.9b10.1b11.5b

Revenue growth, %

28%14%

Cost of goods sold

4.9b6.5b7.2b

Gross profit

3.0b3.6b4.3b
Quarterly
EURQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

1.9b2.5b2.9b2.8b3.1b2.8b2.6b2.4b

Cost of goods sold

1.3b1.6b1.8b1.9b1.9b1.7b1.7b1.4b

Gross profit

570.0m891.0m1.1b919.0m1.2b1.0b879.0m1.0b

Gross profit Margin, %

30%36%37%33%39%37%34%42%
Annual
EURFY, 2017FY, 2018FY, 2019

Cash

1.3b1.0b1.1b

Accounts Receivable

1.1b1.6b1.5b

Inventories

954.0m1.5b1.5b

Current Assets

4.0b4.9b5.0b
Quarterly
EURQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

869.0m802.0m363.0m459.0m530.0m346.0m631.0m721.0m

Accounts Receivable

1.2b1.9b1.8b1.9b1.9b1.8b1.6b1.5b

Inventories

1.1b1.7b1.6b1.7b1.7b1.7b1.7b1.5b

Current Assets

1.1b5.2b4.9b5.1b5.1b4.9b4.7b4.5b
Annual
EURFY, 2017FY, 2018FY, 2019

Depreciation and Amortization

199.0m232.0m354.0m

Inventories

(101.0m)80.0m(7.0m)

Cash From Operating Activities

607.0m462.0m775.0m

Purchases of PP&E

(237.0m)(267.0m)(240.0m)
Quarterly
EURQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Depreciation and Amortization

44.0m94.0m153.0m76.0m156.0m235.0m80.0m209.0m

Inventories

(175.0m)(128.0m)(67.0m)(188.0m)(151.0m)(161.0m)(168.0m)(13.0m)

Cash From Operating Activities

(423.0m)(90.0m)(335.0m)(466.0m)(168.0m)(319.0m)(348.0m)(86.0m)

Purchases of PP&E

(45.0m)(101.0m)(160.0m)(36.0m)(82.0m)(127.0m)(48.0m)(93.0m)
EURFY, 2017

EV/EBIT

16 x

EV/CFO

11.1 x

Revenue/Employee

375.3k

Debt/Equity

1.1 x

Debt/Assets

0.3 x

Financial Leverage

4 x

P/E Ratio

28.0
Show all financial metrics

Prysmian Group Operating Metrics

FY, 2017FY, 2018FY, 2019

Patents (US)

333149

Patents and Patent Applications

4.87 k5.63 k5.88 k

Registrations to Date

5.17 k4.77 k

Trademarks

5861.11 k927
Show all operating metrics

Prysmian Group Acquisitions / Subsidiaries

Company NameDateDeal Size
EHC Global IncJuly 07, 2020c$130 m
General CableDecember 03, 2017
Gulf Coast Downhole TechnologiesSeptember 25, 2015
Global Marine Systems EnergySeptember 05, 2012€53 m
Alambres y Cables de Panama S.A. (Panama)
Alcap Comercial S.A. (Panama)
Associated Cables PVT Ltd.
Auto Cables Tunisie S.A.
Cables Electricos Ecuatorianos C.A. CABLEC (Ecuador)
Cable Supply and Consulting Company Pte Ltd.
Show more

Prysmian Group Revenue Breakdown

Embed Graph

Prysmian Group revenue breakdown by business segment: 65.9% from Finished Goods, 8.6% from Construction Contracts, 23.0% from North America and 2.6% from Other

Prysmian Group revenue breakdown by geographic segment: 11.5% from Latin America, 76.7% from EMEA and 11.8% from Asia Pacific

Human Capital Metrics

Prysmian Group's employees are reported to be approximately 17% female and 83% male.
Embed Graph
Show all human capital metrics

Prysmian Group Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Prysmian Group Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Prysmian Group Online and Social Media Presence

Embed Graph

Prysmian Group Company Culture

  • Overall Culture

    A+

    86/100

  • CEO Rating

    A+

    89/100

  • Compensation

    A-

    78/100

  • Diversity

    A+

    91/100

Learn more on Comparably

Prysmian Group News and Updates

Prysmian S.p.A. Board Approves Own List of Candidates for the 2021-2023 Board Term With Valerio Battista as CEO and Claudio De Conto as Chairman

New management structure to capture opportunities of Energy and Digital Transition

Prysmian Announces the Successful Pricing of the Placement of Euro 750 Million Equity-Linked Bonds Due 2026

Prysmian announces the successful pricing of the placement of euro 750 million equity-linked bonds due 2026 and results of the concurrent repurchase of the outstanding eur 500 million zero coupon equity linked bonds due 2022

Prysmian Announces the Offering of Euro 650 Million Equity-Linked Bonds Due 2026

Prysmian Announces the Offering of Euro 650 Million Equity-Linked Bonds Due 2026 and Concurrent Repurchase of the outstanding EUR 500 million Zero Coupon Equity Linked Bonds due 2022 up to EUR 250 MILLION in aggregate nominal amount

Prysmian’s Flagship Energy Transition Cable Plant to Become Group’s First Net-Zero Factory

Pikkala - Finland - is a centre of excellence for high-tech power transmission and distribution cable

Prysmian Group Completes the Acquisition of EHC Global

Prysmian Group announces that it has completed the acquisition of EHC Global, leading manufacturer of strategic components and integrated solutions for the vertical transportation industry
Show more

Prysmian Group Blogs

IT - Prysmian Group continua a supportare l’accelerazione della connettività fibre-based

Language Italian Title:  Prysmian Group supporta l’accelerazione della connettività fibre-based Date:  06/18/2020 - 12:00 Area - Location:  Milan, Italy Abstract:  Jan Schindler eletto Membro del Consiglio dell’FTTH Council Europe. Related PDF:  CS_2020_06_18_FTTH Council Board Member_ITA.pd…

EN - Prysmian Group continues supporting acceleration of fibre-based connectivity

Language English Title:  Prysmian Group continues supporting acceleration of fibre-based connectivity Date:  06/18/2020 - 12:00 Area - Location:  Milan, Italy Abstract:  Jan Schindler elected as Board Member of the FTTH Council Europe Related PDF:  PR_2020_06_18_FTTH Council Board Member_ENG…

EN - Datasheet New LDV

Language English Image:  LDV-img-new.jpg Link Label:  read more Link Address:  https://www.prysmiangroup.com/en/news/leonardo-da-vinci-vessel-true-its-name Link Target:  _blank Main Title:  Leonardo da Vinci: a vessel true to its name Bottom Mask:  Yes

IT - PERFEZIONATO LO SCHEMA DI INVESTIMENTO DEL LEADERSHIP TEAM DI PRYSMIAN IN AZIONI DELLA SOCIETÀ

Title:  PERFEZIONATO LO SCHEMA DI INVESTIMENTO DEL LEADERSHIP TEAM DI PRYSMIAN IN AZIONI DELLA SOCIETÀ Language Italian Date:  06/01/2020 - 10:03 Area - Location:  Milano, Italia Related PDF:  CS2_ita.pdf Text:  Prysmian S.p.A. rende noto che sono stati perfezionati gli accordi tra il Group…

EN - SHARE INVESTMENT PLAN FINALISED FOR PRYSMIAN’S LEADERSHIP TEAM

Title:  SHARE INVESTMENT PLAN FINALISED FOR PRYSMIAN’S LEADERSHIP TEAM Language English Date:  06/01/2020 - 10:03 Area - Location:  Milan, Italy Related PDF:  CS2_En.pdf Text:  Prysmian S.p.A. announces that the agreements between the Group’s leadership team, composed of Group CEO Valerio B…
Show more

Prysmian Group Frequently Asked Questions

  • When was Prysmian Group founded?

    Prysmian Group was founded in 1879.

  • Who are Prysmian Group key executives?

    Prysmian Group's key executives are Valerio Battista, Alessandro Nespoli and Srinivas Siripurapu.

  • How many employees does Prysmian Group have?

    Prysmian Group has 29,826 employees.

  • What is Prysmian Group revenue?

    Latest Prysmian Group annual revenue is €11.5 b.

  • What is Prysmian Group revenue per employee?

    Latest Prysmian Group revenue per employee is €386.2 k.

  • Who are Prysmian Group competitors?

    Competitors of Prysmian Group include Corning, NKT and Nexans.

  • Where is Prysmian Group headquarters?

    Prysmian Group headquarters is located at Via Chiese, 6, Milano.

  • Where are Prysmian Group offices?

    Prysmian Group has offices in Milano, Giovinazzo, Legnano, Livorno and in 69 other locations.

  • How many offices does Prysmian Group have?

    Prysmian Group has 80 offices.