Prysmian fills up on income and prepares a brand new acquisition | EUROtoday

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Prysmian closes 2025 with the very best revenue in its historical past, reaching 1,270 million euros (nearly doubled in comparison with 729 million in 2024). A end result that advantages from extraordinary transactions (together with the 346 million capital acquire deriving from the sale of the stake within the Chinese Yofc), however which relies on an operational solidity able to producing revenues of 19,650 million euros (+5.4% natural progress on an annual foundation). Adjusted EBITDA rose to 2.398 billion, accompanied by money era of 1.171 billion, additionally one of the best ever for the group. Adjusted EBITDA for the fourth quarter was barely beneath forecast, at 622 million (analysts had anticipated 635 million on common). The group, in the meantime, after the most recent small-medium sized bolt-on acquisitions (these of Xtera and Acsm) is prepared for a brand new transformative acquisition. «We are engaged on it, now we have nice alternatives on the desk – confirmed CEO Massimo Battaini in dialog with journalists -. We ought to be capable of finalize one thing within the subsequent few months, however I’m assured in the opportunity of additional altering the perimeter of the group. The United States stays the principle reference market, however we don’t exclude prospects in Europe and the Latin American space.”

The forecasts for the current year set the adjusted Ebitda bar in the range between 2,625 and 2,775 million euros, the free cash flow is expected in the range between 1,300 and 1,400 million, while the revenues deriving from sustainable solutions, in the forecasts, will be in the range between 47 and 49% of total revenues.

«This extraordinary year represents a further important milestone and is only the beginning of a new chapter of growth and profitability – added Battaini -. With the acquisition of Channell and the integration of Encore Wire, Prysmian has once again demonstrated its ability to successfully carry out M&A transactions capable of generating value, giving impetus to its strategy of becoming a solutions provider. Furthermore, the leadership of our Transmission business will be further strengthened through the acquisitions of Xtera and ACSM. At the same time, our financial solidity is confirmed by the solid cash generation, which clearly exceeded the guidance.”

Driving the efficiency was above all of the Transmission division, which achieved natural progress of 8.4% within the fourth quarter alone, with an adjusted Ebitda rising to 181 million euros. The margin jumps to twenty.9% and permits the Group to realize the goals set within the strategic plan for 2028 three years early. Visibility on the longer term stays excessive, with a backlog (order ebook) amounting to roughly 17 billion euros.

As for the Digital Solutions division, profitability nearly doubled because of the contribution of Channell, consolidated from June 2025. With a margin of 18.3%, the phase advantages from the worldwide acceleration in community infrastructure and connectivity.