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4-Traders Homepage  >  Equities  >  Italian Stock Exchange  >  Prysmian SpA    PRY   IT0004176001

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Prysmian SpA : MANAGER CHARGED WITH PREPARING THE COMPANY’S FINANCIAL REPORTS

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12/20/2012 | 05:01pm CEST

Milan, 20 December 2012 - Following to a new role inside the Prysmian Group assumed by Mr. Jordi Calvo, former head of Planning & Controlling and Manager charged with preparing the company's financial reports jointly with Mr. Carlo Soprano (head of Financial Statements & Compliance), the Board of Directors of Prysmian S.p.A. appointed, with effective as of 1st January 2013, Mr. Andreas Bott, jointly with the above mentioned Mr. Soprano, as Manager charged with preparing the company's financial according to art. 154-bis of Italian Legislative Decree no. 58/1998.
This appointment has been made with the favourable opinion of the Board of Statutory Auditors and in compliance with the integrity and competence requirements established by applicable legislation and the Company's By-laws.

Prysmian Group
Prysmian Group is world leader in the energy and telecom cables and systems industry. With sales of some €8 billion in 2011, about 22,000 employees across 50 countries and 97 plants, the Group is strongly positioned in high-tech markets and provides the widest range of products, services, technologies and know-how. In the Energy sector, Prysmian Group operates in the business of underground and submarine power transmission cables and systems, special cables for applications in many different industrial sectors and medium and low voltage cables for the construction and infrastructure industry. In the Telecom sector, the Group manufactures cables and accessories for the voice, video and data transmission industry, offering a complete range of optical fibres, optical and copper cables and connectivity systems. Prysmian is listed on the Milan Stock Exchange in the Blue Chip index.

Media Relations Investor Relations
Lorenzo Caruso Luca Caserta
Corporate and Business Communications Director Investor Relations Director
Ph. 0039 02 6449.1 Ph. 0039 02 6449.1
lorenzo.caruso@prysmiangroup.com luca.caserta@prysmiangroup.com

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Financials (€)
Sales 2016 7 936 M
EBIT 2016 528 M
Net income 2016 247 M
Debt 2016 641 M
Yield 2016 2,22%
P/E ratio 2016 16,76
P/E ratio 2017 14,37
EV / Sales 2016 0,65x
EV / Sales 2017 0,61x
Capitalization 4 486 M
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Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 22,1 €
Spread / Average Target 6,6%
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Managers
NameTitle
Valerio Battista Chief Executive Officer, Executive Director & GM
Massimo Tononi Non-Executive Chairman
Andrea Pirondini Chief Operating Officer
Pier Francesco Facchini CFO, Executive Director, Head-Administration & IT
Marcelo de Araujo Andrade Senior Vice President-Research & Development
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