Prysmian SpA - Company Profile
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Prysmian SpA (Prysmian) is a provider of energy and telecommunication cables and systems. The company creates, develops, produces, provides, and installs cables for a variety of uses. The company produces high and medium voltage cable systems; high and extra high voltage cables; optical fiber, optical cables, optical ground wire, connectivity components, accessories, and copper cables; and technology-driven products and services. Prysmian serves utilities and grid operators, installers, industrial concerns and companies operating energy, infrastructure, telecommunications, industrial and construction sectors across Europe, the Middle East, Africa, North America, Asia Pacific, and Latin America. The company serves facilities all around the world. Prysmian is headquartered in Milan, Lombardia, Italy.
Headquarters
Italy
Address
Via Chiese 6, Milano, Lombardia, 20126
Website
www.prysmian.com
Telephone
39 02 64491
No of Employees
33,824
Industry
Power
Ticker Symbol & Exchange
PRY (BIT)
Revenue (2024)
$22.2B
15.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
74.2%
(2024 vs 2023)
Market Cap*
$50.3B
Net Profit Margin (2024)
XYZ
50.9%
(2024 vs 2023)
* As of and is in US$
Prysmian SpA premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Transmission: | Power Distribution | PRY-CAM |
| Submarine Cable Solutions | Asset Monitoring | Prysmian |
| Offshore Specialties | Installation Capabilities and Submarine Solutions | Draka |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In June, the company partnered with Giga to support school connectivity in Mexico. |
| 2026 | Contracts/Agreements | In March, the company secured a framework agreement from Alliander to deliver medium and low-voltage power cables. |
| 2026 | New Products/Services | In March, the company introduced a new cable solution, the Sirocco Ultra. |
Competitor Comparison
| Key Parameters | Prysmian SpA | Furukawa Electric Co Ltd | Southwire Co LLC | Fujikura Ltd | Nitto Denko Corp |
|---|---|---|---|---|---|
| Headquarters | Italy | Japan | United States of America | Japan | Japan |
| City | Milano | Chiyoda-Ku | Carrollton | Koto-Ku | Osaka |
| State/Province | Lombardia | Tokyo | Georgia | Tokyo | Osaka |
| No. of Employees | 33,824 | 51,167 | 9,329 | 51,262 | 26,477 |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Francesco Gori | Chairman | Executive Board | 2024 | 73 |
| Massimo Battaini | Chief Executive Officer; General Manager | Executive Board | 2024 | 64 |
| Pier Francesco Facchini | Chief Financial Officer; Director | Executive Board | 2018 | 58 |
| Javier Arata | Chief Operating Officer | Senior Management | 2025 | - |
| Srinivas Siripurapu | Chief Innovation Officer; Chief Research and Development Officer | Senior Management | - | 49 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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