The operation, the largest ever entered into by the Italian cable group, will allow it to develop its business in North America. Once fully operational, it will be able to generate approximately 140 million in synergies. Here's what analysts think
The cable company has finalized contracts for three orders with an aggregate value of approximately 5 billion euros
The cable group presents the industrial plan to 2027 to bring Ebitda to 2 billion with cash flows that can double up to 1 billion. The four areas will be dedicated to the growth of renewable energy generation, the increase…
The energy transition supports the portfolio in the Projects division. According to analysts, the backlog would cover 5 years of turnover. The stock gained more than 5% in one month
The three contracts will make it possible to transmit the energy generated in the North Sea to consumers in the western and southern regions of the country. Thanks to Prysmiam, Germany is accelerating its energy transition
After announcing the merger last April, the two leading groups in the production and marketing of steel wire ropes are present on the market with the unified "Teufelberger-Redaelli" brand
The group active in the cable systems and telecommunications sector will focus on innovation and the efficient and sustainable use of energy resources
For Mediobanca Securities analysts it is a "small contract for Prysmian", which is part of a "cyclical segment with low margins". The Prysmian stock maintains the outperform rating and the target price of 26,80 euros