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Prysmian telecom revenues down 14% to EUR 1.37 bln in 2020

Thursday 11 March 2021 | 10:25 CET | News
Milan-listed cable maker Prysmian said organic revenues in its telecommunications business declined by 14.1 percent year on year to EUR 1.37 billion in 2020 as a whole, impacted by production and installation inefficiencies due to Covid-19. Adjusted EBITDA fell to EUR 214 million from EUR 274 million in 2019 while the adjusted EBITDA ratio to sales dipped to 15.6 percent from 16.6 percent a year earlier.

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Categories: Fixed
Companies: Prysmian
Countries: Italy / World
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