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Prysmian telecom sales up 10% to EUR 436 mln in Q1

Tuesday 14 May 2019 | 15:37 CET | News
Milan-listed cable maker Prysmian reported a 9.8 percent organic rise in its telecommunications business to EUR 436 million in the first quarter of 2019, driven by an improved performance in Europe and North America. Adjusted EBITDA came to EUR 80 million, in line with 2018, while the ratio of EBITDA adjusted to sales was 18.4 percent, down from 20.1 percent a year earlier. Prysmian said its telecom segment responded to a rising demand generated by broadband networks development projects in North America and benefited from the positive volume trend with constant price levels recorded in

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Categories: Fixed
Companies: Prysmian
Countries: Italy / World
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