Q3 2021 Prysmian SpA Interim Management Statement Call Transcript
Good afternoon, ladies and gentlemen, and welcome to the Prysmian Group 9 Months 2021 Financial Results Call. (Operator Instructions)
Just to remind you all, this call is being recorded.
I would now like to hand over to the Chairperson, Mr. Valerio Battista, CEO of Prysmian Group. Please go ahead.
Thank you very much, and good afternoon to all the audience. Welcome to the 9 months 2021 report of Prysmian Group.
Okay. Let's go immediately to the Page #3, the key highlights of the first 9 months. The performance has been good with a solid organic growth of 13.2% with a significant recovery across all the business.
The margins have set again at history increase as well, 7.8% adjusted EBITDA margin versus the 9% of 2020. But if we consider the metal price that has been inflated -- has been inflated top line, the real margins could have been 8.6%. Record backlog and order intake in the quarter. We have a EUR 4 billion order backlog.
Let me remember that
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