- (PLX AI) – Prysmian FY sales EUR 12,736 million vs. estimate EUR 12,284 million.
- • FY adjusted EBITDA EUR 976 million vs. estimate EUR 953 million
- • FY organic growth 11%
- • FY net income EUR 308 million
- • Outlook FY 2022 adjusted EBITDA EUR 1,010-1,080 million; consensus EUR 1,057 million
- • Outlook FY 2022 free cash flow EUR 400 million
- • Planning to build a new submarine cable plant in the USA