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Prysmian S.p.A. (PRY.MI)
| Previous close | 37.13 |
| Open | 37.13 |
| Bid | 37.10 x 0 |
| Ask | 37.68 x 0 |
| Day's range | 36.83 - 37.59 |
| 52-week range | 25.26 - 37.87 |
| Volume | |
| Avg. volume | 709,295 |
| Market cap | 9.953B |
| Beta (5Y monthly) | 1.18 |
| PE ratio (TTM) | 20.44 |
| EPS (TTM) | 1.83 |
| Earnings date | 09 Mar 2023 |
| Forward dividend & yield | 0.55 (1.48%) |
| Ex-dividend date | 19 Apr 2022 |
| 1y target est | 37.40 |
- Reuters
Prysmian gives Italian workforce bonus to cope with inflation
Cable maker Prysmian said on Monday that it would give a bonus of up to 800 euros ($845) to its 2,300-person workforce in Italy, to cope with the rising cost of living. In Italy, where annual inflation hit 12.5% in November, several other firms have pledged extra financial help for staff, including UniCredit bank earlier this month. In a statement, Prysmian CEO Valerio Battista said the company was happy to support its workers, especially after achieving record results.
- Reuters
Energy business helps Prysmian beat expectations, raise forecasts
MILAN (Reuters) -A strong performance at its energy business, driven by growing demand for electricity, helped the world's biggest cable maker Prysmian to beat earnings expectations for the first nine months of 2022 and lift its forecasts for the full year. Milan-listed shares in Prysmian rose by as much as 4% after the results were published. The forecasts assume global supply chains will remain under pressure in the coming months, but without any further tensions or extreme changes in input prices, the company said.
- Reuters
Italy's Prysmian takes steps to counter energy supply threat
MILAN (Reuters) -Italy's Prysmian has taken a number of steps to boost its energy efficiency amid fears of a cut-off of gas supplies from Russia, including a switch to LED lighting and using more renewable sources, a company spokesman told Reuters on Thursday. The world's largest cablemaker, which runs over 100 facilities around the world, has already installed LED lighting in 70% of those plants, saving around 45% of the energy used for lighting, the spokesman said. Prysmian has also installed or is currently installing photovoltaic parks in 10 of its facilities to tap the power of the sun, while it is equipping some pilot factories with mini-wind power plants, the spokesman added.
