Prysmian Group is a publicly owned company headquartered in Italy. Founded in 1872, the company employs approximately 10,660 individuals and reported $22.2B in revenue as of 2025. The company specializes in manufacturing electric power transmission and telecommunications cables and systems.
On April 30, 2026, Prysmian S.p.A. reported a robust first quarter performance, exceeding expectations with a EUR 50 million upside and driving shares up 4.28% on the day. The company achieved a 14.2% EBITDA margin, a 1.1 percentage point increase from Q1 2025, supported by EUR 80 million in organic EBITDA growth from internal factors. Its adjusted EBITDA rose to EUR 120 million when accounting for foreign exchange, with channels contributing EUR 40 million. The Italian cable and wire manufacturer posted revenues of €5.2 billion (€5,218 million), surpassing analyst consensus of €5,104 million by 2%, although its adjusted EBITDA of €601 million came in 2% below expectations of €612 million. The company reported overall 5.0% organic revenue growth, with particular strength in Power Grid, which accelerated 16.2% organically. Industrial & Construction revenues increased 5.8% organically, notably 10% in North America, while Digital Solutions saw 9.0% organic growth, both segments benefiting from fiber demand for data centers. Transmission achieved 20.1% margins, up from 16.9% in the prior year period, as Prysmian positioned itself as a comprehensive solutions provider for the data center market.
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