Prysmian SpA - Company Profile
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Prysmian SpA (Prysmian) specializes in the design, production, and installation of cables for power transmission and telecommunications networks. Its major products include high-tech cables for high voltage direct current (HVDC), fiber optics, and connectivity solutions. The company operates in the energy and telecommunications cable systems industry. Prysmian serves a diverse range of customers, including transmission system operators, utilities, industrial plants, and telecommunications businesses, providing solutions for power transmission, data management, and infrastructure development. The company's products are utilized across various industries such as energy, telecommunications, construction, automotive, and e-mobility. The company operates through a vast network of plants and research and development centers across multiple continents, including North America, Europe, and Asia Pacific. Prysmian is headquartered in Milan, Italy.
Headquarters
Italy
Address
Via Chiese 6, Milano, Lombardia, 20126
Website
www.prysmian.com
Telephone
39 02 64491
No of Employees
33,824
Industry
Industrial Goods and Machinery
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*
$43.8B
Net Profit Margin (2024)
XYZ
50.9%
(2024 vs 2023)
* As of and is in US$
Prysmian SpA premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Transmission: | Asset Monitoring |
| Submarine Cable Solutions | Power Distribution |
| Offshore Specialties | Installation Capabilities and Submarine Solutions |
| 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 August, the company entered into an agreement to acquire Atkore. |
| 2026 | Asset Purchase | In August, the company purchased a high-voltage cable jointer training center in North Ayrshire, Scotland, the UK. |
| 2026 | Contracts/Agreements | In July, the company announced the launch of a new post-graduate Master Program titled 'Cable Systems for the Energy Transition', to address the growing demand for specialized skills in electrical infrastructure and power transmission cable systems. |
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 | 49,112 | 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 | 74 |
| Massimo Battaini | General Manager; Chief Executive Officer; Director | Executive Board | 2024 | 65 |
| Pier Francesco Facchini | Director; Chief Financial Officer | Executive Board | 2018 | 58 |
| Javier Arata | Chief Operating Officer | Senior Management | 2025 | - |
| Maria Cristina Bifulco | Chief Strategy Officer | Senior Management | 2025 | - |
| 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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