Prysmian: Q2 net profit up 17.9% to 323 million, revenue up 9.4% to 6.02 billion
(Il Sole 24 Ore Radiocor) - Prysmian’s Board of Directors has approved the Group’s consolidated results for the second quarter, which showed a net profit of 323 million, up 17.9 per cent on the 274 million recorded a year ago, whilst adjusted EBITDA stood at 730 million, 20.7 per cent higher than the 605 million recorded a year ago. This is Prysmian’s best quarter ever. Revenue for the period stood at 6.021 billion, representing organic growth of 9.4 per cent. The results exceeded analysts’ expectations, which had forecast EBITDA of 721 million and revenue of 5.604 billion. As regards the first half of the year, organic revenue growth stood at +7.2% to 11.23 billion, compared with 9.65 billion in the first half of 2025, whilstadjusted EBITDA rose to 1.33 billion from 1.13 billion in the first half of 2025, with a margin of 14.8% (up from 13.8%).
Net profit for the first half of the year stood at 584 million, up 34 per cent on the 435 million recorded in the first half of 2025. “The ability to serve both the energy and data markets simultaneously is one of Prysmian’s key differentiators,” explains CEO Massimo Battaini. Thanks to this positioning, the Group is particularly well placed to benefit from the expansion of investment in energy and digital infrastructure, which underpins the new economy driven by artificial intelligence, fostering lasting and sustainable growth. I am proud of the results we are achieving in capitalising on the opportunities offered by the markets in which we operate. Our performance demonstrates significant growth in both business and profitability, but above all confirms the profound transformation the Group has undergone in recent years. Today, in a single quarter, we generate results that in the past would have taken a whole year to achieve. Looking to the future, the transformation of Digital Solutions is progressing decisively: our established strengths in connectivity solutions and long-distance digital networks are now complemented by the major agreements recently signed to enter the ‘inside’ segment of data centres, further strengthening our position across the entire value chain of a rapidly expanding market.”
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