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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Half Year 2021 Prysmian SpA Earnings Call Transcript

Jul 28, 2021 / 02:00PM GMT
Release Date Price: €30.2 (+0.37%)
Operator

Good day, and thank you for standing by. Welcome to the Prysmian Group First Half 2021 Financial Results. (Operator Instructions)

Please be advised that today's conference is being recorded, Wednesday, the 28th of July 2021.

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

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

Thank you very much, and good afternoon to everyone. Valerio Battista speaking. Let's start with the first half 2021 highlights. Page 3, key highlights of the first half.

Very good recovery of the trend in telecom and energy business, thanks to -- mostly to the fastest business, T&I, OEM, Renewable and Automotive. On the other side, cost efficiency and price management to balance the raw material price increase that we have seen since the end of last year. Last but not least, the order income in projects that has been very wide, EUR 1.2 billion of new orders, which we have to add the EUR 60 million we have announced today for the inter-array

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