Prysmian SpA (LTS:0NUX)
€ 61.52 0.27 (0.44%) Market Cap: 17.94 Bil Enterprise Value: 19.33 Bil PE Ratio: 32.11 PB Ratio: 3.79 GF Score: 75/100

Half Year 2022 Prysmian SpA Earnings Call Transcript

Jul 28, 2022 / 08:00PM GMT
Release Date Price: €30.16 (+5.95%)
Operator

Good day, and thank you for standing by. Welcome to the Prysmian Group H1 2022 Financial Results Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Valerio Battista, CEO. Please go ahead.

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

Thank you very much, and good morning or good day to everyone listening to me. First half '22 financial results of Prysmian Group.

Okay. Let's start with Page 2 of the presentation, the key highlights. Has been the strongest quarter of the history of the company, EUR 411 million EBITDA in the second quarter with a remarkable performance in Q2, following the very good performance of Q1. Results are driven by energy and telecom. More or less, but all the businesses have been doing very well with an outstanding performance in the Energy division, especially E&I and OEM renewable.

The performance in Telecom is driven by North America. You will see later that the

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