Prysmian S.p.A. (PRYMY)

OTCMKTS · Delayed Price · Currency is USD
34.12
+0.12 (0.35%)
Dec 6, 2024, 4:00 PM EST
72.50%
Market Cap 19.70B
Revenue (ttm) 17.77B
Net Income (ttm) 639.08M
Shares Out n/a
EPS (ttm) 2.14
PE Ratio 30.82
Forward PE n/a
Dividend 0.24 (0.74%)
Ex-Dividend Date Apr 24, 2024
Volume 23,700
Open 33.98
Previous Close 34.00
Day's Range 33.98 - 34.35
52-Week Range 19.98 - 37.44
Beta 1.06
Analysts n/a
Price Target n/a
Earnings Date Feb 27, 2025

About Prysmian

Prysmian S.p.A., together with its subsidiaries, produces, distributes, and sells power and telecom cables and systems, and related accessories under the Prysmian, Draka, and General Cable brands worldwide. It operates through four segments: Renewable Transmission, Power Grid, Electrification, and Digital Solutions. The company offers low-voltage rigid and flexible cables for the distribution of power to residential, commercial, and industrial buildings; and power distribution solutions, such as medium-voltage cable systems for overhead and und... [Read more]

Sector Industrials
Founded 1879
Employees 29,599
Stock Exchange OTCMKTS
Ticker Symbol PRYMY
Full Company Profile

Financial Performance

In 2023, Prysmian's revenue was 15.40 billion, a decrease of -4.40% compared to the previous year's 16.11 billion. Earnings were 529.00 million, an increase of 4.96%.

Financial numbers in EUR Financial Statements

News

Prysmian Introduces E Path; Unveils the Industry's First Green Label for Verified Sustainable Cable Products

Prysmian , a world leader in the energy transition and digital transformation, introduces E Path - the cable industry's first green label for verified sustainable products and cable solutions designed...

5 days ago - Accesswire

Prysmian Launches EcoSpan(TM) Cables with FlexRibbon(TM) Technology to Enhance Rural Broadband Deployment

HIGHLAND HEIGHTS, KY / ACCESSWIRE / November 14, 2024 / Prysmian, a world leader in the energy transition and digital transformation, recently launched its latest fiber and connectivity innovation, Ec...

24 days ago - Accesswire

Prysmian Announces New Eagle(TM) Splice Closure That Simplifies Installation for BEAD Projects

HIGHLAND HEIGHTS, KY / ACCESSWIRE / November 12, 2024 / Prysmian, a world leader in the energy transition and digital transformation, has officially launched its Eagle™ Splice Closure featuring a modu...

26 days ago - Accesswire

Prysmian signs deal with TechnipFMC for floating offshore wind facilities

Italy's Prysmian and Britain's TechnipFMC signed an agreement to strengthen the development of floating offshore wind facilities, the companies said on Monday.

4 weeks ago - Reuters

Prysmian S.p.A. reports 9M results

5 weeks ago - Seeking Alpha

Prysmian Launches Redesigned and Improved Self-Service E-Commerce Cable Platform, Kablee

HIGHLAND HEIGHTS, KY / ACCESSWIRE / October 22, 2024 / Prysmian, a world leader in the energy transition and digital transformation, announces a redesigned and improved Kablee. This self-service e-com...

6 weeks ago - Accesswire

Prysmian and Encore Wire to Debut Joint Venture and Expanded Product Line at the NECA 2024 Convention

HIGHLAND HEIGHTS, KY / ACCESSWIRE / September 30, 2024 / Prysmian , a world leader in the energy transition and digital transformation, will debut its new joint partnership with Encore Wire Corporatio...

2 months ago - Accesswire

Prysmian: Selling Shovels To The Gold Miners

Prysmian is the world's largest supplier of advanced cables for voice, video, data, and power distribution, with a global reach and innovative portfolio. Positioned as a global provider of cabling sol...

2 months ago - Seeking Alpha

TIME Magazine Names Prysmian One of the World's Most Sustainable Companies of 2024

Prysmian ranks in top one percent of more than 5,000 companies evaluated HIGHLAND HEIGHTS, KY / ACCESSWIRE / September 16, 2024 / Prysmian, a world leader in the energy transition and digital transfor...

2 months ago - Accesswire

Prysmian Named Best Corporate/Community Citizen in Cincinnati by Cincy Magazine

HIGHLAND HEIGHTS, KY / ACCESSWIRE / August 28, 2024 / Prysmian, a leader in the energy transition and digital transformation, has been named the Best Corporate/Community Citizen in Cincy Magazine's "B...

3 months ago - Accesswire

Prysmian Earns Innovators' Award for Eagle(TM) Splice Closure at ISE Expo 2024

HIGHLAND HEIGHTS, KY / ACCESSWIRE / August 22, 2024 / Prysmian, a world leader in the energy transition and digital transformation, was recognized with an ISE Network Innovators' Award for its Eagle™ ...

3 months ago - Accesswire

Prysmian Awarded More Than $96 Million By Jury In Trade Secrets Lawsuit Against Sterlite

HIGHLAND HEIGHTS, KY / ACCESSWIRE / August 12, 2024 / Prysmian, a leader in the energy transition and digital transformation, and a major employer in the Lexington, South Carolina area, has won its tr...

4 months ago - Accesswire

Prysmian Announces U.S. Industrial Specialties Sales Agencies

HIGHLAND HEIGHTS, KY / ACCESSWIRE / August 8, 2024 / Prysmian, a world leader in the energy transition and digital transformation, is pleased to announce our new combination of best-in-class sales rep...

4 months ago - Accesswire

Prysmian: Encore Wire Integration Will Boost Cash Flows

Prysmian's stock has increased by 60% in the past year, with strong financial performance and the recently closed acquisition of Encore Wire as catalysts. Despite a decrease in revenue and profit, Pry...

4 months ago - Seeking Alpha

3 Under-the-Radar Clean Energy Stocks With Upside Potential, Regardless Of Who's In The White House

As we move into the second half of 2024, the clean energy sector is ripe with opportunities despite the current volatility. According to insights from JPMorgan analyst Patrick Jones, the sector is pos...

5 months ago - Benzinga

Encore Wire, the Prysmian Buyout and Next Picks

On April 15, Encore Wire Corp. (WIRE, Financial), a small-cap copper wire and cable manufacturer, announced a merger with Prysmian SpA (MIL:PRY, Financial), a Milan, Italy-based cable manufacturer and...

6 months ago - GuruFocus

Prysmian's Williamsport Facility Named as Key Expansion in U.S. DOE Advanced Energy Projects

HIGHLAND HEIGHTS, KY / ACCESSWIRE / April 30, 2024 / The U.S. Department of Energy (DOE) recently released details for 35 projects across 20 states that received a total of $1.93 billion in allocation...

7 months ago - Accesswire

Avenue Investment Management Expresses Concern Over Proposed Merger Between Encore Wire and Prysmian

TORONTO , April 18, 2024 /PRNewswire/ - Avenue Investment Management, a leading investment management firm headquartered in Toronto, has formally expressed its reservations regarding the proposed merg...

8 months ago - PRNewsWire

Encore Wire Stock Surges on $4.2 Billion Takeover by Italy's Prysmian

Italian cable maker Prysmian will pay $290 a share in cash to buy Encore Wire.

8 months ago - Barrons

Prysmian to acquire Encore for about $4.2 bln

Italy's Prysmian will acquire Encore Wire for $290.00 per share in cash, the companies said on Monday.

8 months ago - Reuters

Prysmian: Supportive Trends Ahead

There is supportive news that confirms Prysmian long-term trend. In detail, the company announced new CAPEX investments and a higher order backlog. The telco division is facing challenges, but the CEO...

1 year ago - Seeking Alpha

Prysmian: Positive Megatrends And Supportive Capital Allocation Priorities

The company is set to capitalize on its long-term investment and seize new opportunities within the industry. Prysmian is a well-run company with a supportive track record and aims to increase DPS by ...

1 year ago - Seeking Alpha

Prysmian: A Call Option On Offshore Energy, Trading At An 8% FCF Yield

Prysmian is a leader in submarine cables and a leader in connecting offshore windmills to the power grid. The first semester was much better than I had expected. This results in a full-year free cash ...

1 year ago - Seeking Alpha

Prysmian: A Leader In Submarine Cables At Just 8x EBITDA

Prysmian is an Italian company focusing on cables with submarine cables as a specialty. The company's free cash flow result remains strong, despite investments in a new production plant and a new cabl...

1 year ago - Seeking Alpha