Prysmian SpA (MIL:PRY)
€ 61.54 0.46 (0.75%) Market Cap: 17.66 Bil Enterprise Value: 22.91 Bil PE Ratio: 32.25 PB Ratio: 3.73 GF Score: 72/100
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Full Year 2018 Prysmian SpA Earnings Call Transcript

Mar 05, 2019 / 05:00PM GMT
Release Date Price: €17.95 (+0.28%)
Operator

Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to today's Prysmian Group Full Year 2018 Financial Results Conference Call. (Operator Instructions) I must also advise you that this conference is being recorded today, Tuesday, the 5th of March, 2019.

And I would now like to hand the conference over to your speaker today, Valerio Battista. Please go ahead.

Valerio Battista
Prysmian S.p.A. - CEO, GM & Executive Director

Thank you very much, and good afternoon, to everyone. Welcome to the full year 2018 financial results conference call of Prysmian Group.

Let me start with the financial highlights, as usual. Fully combined organic sales grew 3.3%, with a slight growth organic underground high-voltage growth and a solid performance in Telecom, with a single-digit organic growth in optical and double-digit organic growth in MMS.

General Cable has posted roughly equal growth, organic growth, of 3.3% during 2018, exactly the same of Prysmian Group.

Adjusted EBITDA. Adjusted EBITDA closed at EUR

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