Prysmian – Strong results driven by energy transition and electrification

November 9, 2023
Prysmian Group

Full Year Guidance Confirmed

 

BUSINESS HIGHLIGHTS

  • Strong sales growth and significant profitability increase in the Projects business driven by smooth execution and projects with higher margin. €13BN new orders awarded Year To Date
  • Vineyard Wind 1, the first utility scale offshore wind farm in the USA, successfully completed
  • Sound profitability improvement in the Energy Business. Grid hardening keeps driving Power Distribution and Overhead Lines
  • …