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Prysmian: 9-month profits rise to 149 million, Ebitda +9,8% year on year

The company had closed last year with a loss of 159 million euros, due to extraordinary items – The adjusted net profit rose by 15,5% to 194 million – Ebitda up by 9,8% to 468 million.

Prysmian: 9-month profits rise to 149 million, Ebitda +9,8% year on year

They go to the archive i first nine months of 2012 by Prysmian which closes with an adjusted net profit of 194 million euros, up 15,5% year-on-year. Net income was 149 million, against a loss of 159 million last year, on which extraordinary stakes had weighed.

Adjusted Ebitda grew by 9,8% to 468 million, while revenues fell by 0,5% on the year, to 5,9 billion euros. The net financial position, in the period, shows a deficit of 1,44 billion from the 1,06 billion with which it closed last year. The targets for the entire year have been set within the range of between 600 and 650 million euro.

In the afternoon, the Prysmian share lost 1,21% on the Stock Exchange, at 14,71 euros per share.

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