Prysmian reported FY15 results perfectly in line with expectations, including an improved balance sheet situation. Revenue at €7,361m, corresponding to +5.3% organic growth, +5.9% excluding WL impact (+3.2% in Q4 15) thanks to sound execution in Energy projects (+18.2% organic growth ex. WL) and Telecoms (+9.9% organic growth yoy). The company reported adjusted EBITDA at €623m, above the mid-point of the guidance range (€590-640m), while net profit came in at €214m (+86% y
25 Feb 2016
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Prysmian S.p.A. (PRY:WBO) | 0 0 1.2% | Mkt Cap: 5,830m
- Published:
25 Feb 2016 -
Author:
Lionel Pellicer -
Pages:
2 -
Prysmian reported FY15 results perfectly in line with expectations, including an improved balance sheet situation. Revenue at €7,361m, corresponding to +5.3% organic growth, +5.9% excluding WL impact (+3.2% in Q4 15) thanks to sound execution in Energy projects (+18.2% organic growth ex. WL) and Telecoms (+9.9% organic growth yoy). The company reported adjusted EBITDA at €623m, above the mid-point of the guidance range (€590-640m), while net profit came in at €214m (+86% y