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 Ratings2.9
Overall CultureA+

Latest Updates

Employees (est.) (Jun 2020)28,160(-1%)
Job Openings83
Revenue (FY, 2019)€11.5 B(+14%)
Share Price (Nov 2020)€25.7 (+4%)
Cybersecurity ratingCMore

Key People/Management at Prysmian Group

Valerio Battista

Valerio Battista

Chief Executive Officer & General Manager
Alessandro Nespoli

Alessandro Nespoli

Chief Audit & Compliance 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
Fabio Ignazio Romeo

Fabio Ignazio Romeo

Chief Strategy and Development Officer - Executive Director
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Prysmian Group Office Locations

Prysmian Group has offices in Milano, Giovinazzo, Legnano, Livorno and in 72 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
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Prysmian Group Financials and Metrics

Prysmian Group Revenue

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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 (13-Nov-2020)

6.8b

Closing stock price (13-Nov-2020)

25.7

Cash (30-Jun-2020)

721.0m

EV

9.3b
Prysmian Group's current market capitalization is €6.8 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
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Prysmian Group Operating Metrics

FY, 2017FY, 2018FY, 2019

Patents (US)

33 31 49

Patents and Patent Applications

4.87 k5.63 k5.88 k

Registrations to Date

5.17 k4.77 k

Trademarks

586 1.11 k927
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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.
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Prysmian Group Revenue Breakdown

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

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

Human Capital Metrics

Prysmian Group's employees are reported to be approximately 17% female and 83% male.
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Prysmian Group Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Prysmian Group Online and Social Media Presence

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Prysmian Group Company Culture

  • Overall Culture

    A+

    87/100

  • CEO Rating

    A+

    83/100

  • Compensation

    A

    82/100

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Prysmian Group News and Updates

Prysmian Group Selects inRiver as Global PIM Solution

CHICAGO and MILAN and MALMÖ, Sweden, July 23, 2020 /PRNewswire/ -- inRiver, a leading provider of product information management (PIM) solutions that help businesses sell more products, today announced that Prysmian Group, world leader in the energy and telecom cable systems industry...

Prysmian Secures Approx. €500M SuedOstLink Cable Corridor Project in Germany

Prysmian Group (MI: PIY), world leader in the energy and telecom cable systems industry, has been awarded by TenneT TSO GmbH, the Dutch-German grid operator, a contract for the SuedOstLink project in Germany, one of the longest HVDC (High Voltage Direct Current) underground cable connection. Worth a…

Prysmian bags €270m contract for subsea interconnection projects in Greece

Ariadne Interconnection, a company fully owned by the transmission system operator for Greece’s power grid (IPTO), has awarded a €270m contract to Prysmian Group to supply two submarine interconnections between the island of Crete and mainland Greece (Attica region).

Prysmian and Vattenfall agreement finalised

Prysmian Group has finalised a contract for a project awarded by Vattenfall, to provide the submarine inter-array cable systems for the Hollandse Kust Zuid III and IV offshore wind farm in The Netherlands, following Vattenfall’s successful bid for the permit to develop these non-subsidised wind farm…

Prysmian S.p.A Q1 2020 Financial Results

Results for the quarter confirm a solid start of the year but impacts of Covid-19 as of the second half of March German Corridors projects for over one billion euros already awarded to Prysmian, confirming its role as energy transition enabler

Prysmian Wins Again - Securing Over €500M Contract for A-Nord Power Cable Link in Germany

Prysmian Group (MI: PRY), world leader in the energy and telecom cable systems industry, has been awarded a contract by Amprion GmbH, the German grid operator, for the A-Nord underground cable connection, part of the 2GW German Corridor "A" electricity transmission project. Worth over €500 million, …
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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…
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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 28,160 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 €409.1 k.

  • Who are Prysmian Group competitors?

    Competitors of Prysmian Group include ILJIN Group, CMI and Elsewedy Electric.

  • 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 72 other locations.

  • How many offices does Prysmian Group have?

    Prysmian Group has 82 offices.