Prysmian at Milan Stock Exchange

In a trading day characterized by large declines (especially in the banking sector), stood this morning the positive performance, as well as Campari (see post of July 6), of Prysmian ( but in the afternoon the trend has changed, with a decline of 0,71% at the price of 14 eur).
The company  is a world leader in the cable industry for the distribution of energy and telecommunications. It  is present in 50 countries with 98 plants and 22,000 employees.
The debut in the Milan stock exchange was in May 2007. The company  was born from the acquisition of the activities  by Pirelli Cables and Systems.
 According to data from the first quarter of 2011, detectable from the site of the company , Prysmian had  an increase in total revenues of the group for the fourth consecutive quarter, with a + 13.9% over the same period of 2010. This  has dragged down the profitability, with an EBITDA growth of 34.7%.
Almost 80% of turnover is due to cables and power systems, and within that sector, the  segment revenues come from the "utilities", through the development of the production of submarine cables and the contribution of underground  high voltage cables related to the development of renewable energy.
Good contribution,  in the field of power cables, comes  from the segment "Trades & installers" too, reflecting a recovery in construction market.
The production in these last days of cable called "P-Laser", the first cable medium voltage electrical networks for sustainable and superior performance, confirming the reputation of Prysmian as the undisputed worldwide technology leader in its field  (such news were  taken from the presentation of  Jcable 2011,  forum  dedicated to the field of cables for the power  transmission).
After the acquisition of Draka in March 2011, the Prysmian Group is a group with over   7 billions euros of turnover.