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. It 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, 20126
Website
www.prysmiangroup.com
Telephone
39 02 64491
No of Employees
30,086
Industry
Power
Ticker Symbol & Exchange
PRY (BIT)
Revenue (2022)
$16.6B
-4.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
5%
(2022 vs 2021)
Market Cap*
$14.4B
Net Profit Margin (2022)
XYZ
9.9%
(2022 vs 2021)
* As of and is in US$
Prysmian SpA premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Electricity | Services-: | Prysmian |
| Power Grids | Power Distribution | Draka |
| Cables and Wires | Installation Capabilities and Submarine Solutions | General Cable |
| XYZ | XYZ | XYZ |
| 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 |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company signed an agreement to acquire Encore Wire for $4.15 billion. |
| 2024 | Contracts/Agreements | In April, the company entered into an agreement to acquire Warren & Brown Technologies Pty. Ltd. |
| 2024 | Contracts/Agreements | In February, the company partnered with Interbrand to help amplify Prysmian’s new business strategy. |
Competitor Comparison
| Key Parameters | Prysmian SpA | Furukawa Electric Co Ltd | Nitto Denko Corp | Fujikura Ltd | CommScope Holding Co Inc |
|---|---|---|---|---|---|
| Headquarters | Italy | Japan | Japan | Japan | United States of America |
| City | Milano | Chiyoda-Ku | Osaka-Shi | Koto-Ku | Hickory |
| State/Province | - | Tokyo | Osaka | Tokyo | North Carolina |
| No. of Employees | 30,086 | 51,314 | 26,070 | 54,762 | 20,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Claudio De Conto | Chairman | Executive Board | 2018 | 60 |
| Valerio Battista | Chief Executive Officer; Director | Executive Board | 2018 | 65 |
| Pier Francesco Facchini | Chief Financial Officer; Director | Executive Board | 2018 | 56 |
| Massimo Battaini | Chief Operating Officer; Director | Executive Board | 2021 | 62 |
| Srinivas Siripurapu | Chief Innovation Officer; Chief Research and Development Officer | Senior Management | 2018 | 47 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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