PRY.MI
$93.90-0.76 (-0.80%)
Prysmian S.p.A., together with its subsidiaries, produces, distributes, and sells power and telecom cables and systems, and related accessories under the Prysmian, Draka, and General Cable brands worldwide.
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Fundamentals
Prysmian S.p.A., together with its subsidiaries, produces, distributes, and sells power and telecom cables and systems, and related accessories under the Prysmian, Draka, and General Cable brands worldwide. It operates through four segments: Transmis...
Recent News
Rio Tinto Projects Link Copper Aluminium And Lithium To Future Growth
U.S. appeals court clears the way for a land transfer tied to Rio Tinto’s Resolution Copper project in Arizona, supporting progress on one of North America’s largest undeveloped copper deposits. Rio Tinto (LSE:RIO) agrees an industrial partnership with Prysmian to deploy low carbon aluminium cable solutions for data centres. The Rincon lithium project advances with large scale financing backed by international financial institutions, adding funding support to Rio Tinto’s battery materials...
Prysmian Eyes New Texas Copper Mill Amid Data Center Boom
The Italian group may pull the trigger in the next year or so on a second copper rod facility at its McKinney site near Dallas, with an investment of $100 million to $200 million, as part of a broader push to expand capacity and secure supply in North America, said regional head Andrea Pirondini. A new plant would double or even triple output, building on ongoing expansions at the site following Prysmian’s takeover of Encore Wire. Along with possible bolt-on acquisitions, it would also strengthen Prysmian’s position as the largest cable maker in North America as double-digit growth in the data center sector offsets sluggish housing demand, he said.
Prysmian’s Greener Cables Raise Questions On Valuation And Future Margins
Prysmian (BIT:PRY) announced new steps in its power distribution and high voltage cable portfolio to phase out environmentally concerning substances, including PFAS. The company is redesigning materials and production processes to align its cable offerings more closely with sustainability objectives. Prysmian plans to increase the share of Sustainable Sales so that they represent a majority of group revenue over time. Prysmian, a major player in energy and telecom cables, is moving further...
Is It Too Late To Consider Prysmian (BIT:PRY) After An 86.6% One Year Surge?
If you are wondering whether Prysmian shares still offer value after a strong run, looking closely at what the current price reflects can help you frame your next move. The stock closed at €101.55, with returns of 3.0% over 7 days, a 2.2% decline over 30 days, 13.0% year to date, and 86.6% over 1 year. This gives you a sense of how expectations and risk perceptions have shifted over different time frames. Recent headlines around Prysmian have focused on its role in global cable and energy...
Prysmian SpA (PRYMF) Q4 2025 Earnings Call Highlights: Record EBITDA and Strategic Growth ...
Prysmian SpA (PRYMF) reports robust financial performance with significant EBITDA growth and strategic acquisitions, despite facing market challenges.