Prysmian reported sales of €3,737m in H1 15, a +13.7% yoy increase corresponding to +7.6% organic growth, enhanced by 8.0% organic growth in Q2 15 (vs 5.9% in Q1 15) and fuelled by solid growth in Energy Projects (+17.4% organic growth yoy ex. WL) and in the Telecom business (+13.1% growth organically). This was partly offset by -2% in Industrial & Network components, which was impacted by weak performances in the oil & gas sector and network components, while automotive suffered
31 Jul 2015
FY15 guidances lifted amidst progress on WL execution
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FY15 guidances lifted amidst progress on WL execution
Prysmian S.p.A. (PRY:WBO) | 0 0 1.2% | Mkt Cap: 5,830m
- Published:
31 Jul 2015 -
Author:
Lionel Pellicer -
Pages:
2
Prysmian reported sales of €3,737m in H1 15, a +13.7% yoy increase corresponding to +7.6% organic growth, enhanced by 8.0% organic growth in Q2 15 (vs 5.9% in Q1 15) and fuelled by solid growth in Energy Projects (+17.4% organic growth yoy ex. WL) and in the Telecom business (+13.1% growth organically). This was partly offset by -2% in Industrial & Network components, which was impacted by weak performances in the oil & gas sector and network components, while automotive suffered