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

PRYSMIAN (PRY)
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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 2017 7 809 M
EBIT 2017 557 M
Net income 2017 286 M
Debt 2017 496 M
Yield 2017 1,80%
P/E ratio 2017 19,04
P/E ratio 2018 15,88
EV / Sales 2017 0,80x
EV / Sales 2018 0,74x
Capitalization 5 728 M
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Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 28,6 €
Spread / Average Target 8,3%
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Massimo Tononi Non-Executive Chairman
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Marcelo de Araujo Andrade Senior Vice President-Research & Development
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