Q3 2022 Prysmian SpA Interim Management Statement Call Transcript
Good day, and thank you for standing by. Welcome to the Prysmian Group 9 Months 2022 Financial Results Conference Call. (Operator Instructions). I would now like to hand the conference over to your speaker today, Valerio Battista, CEO. Please go ahead.
Thank you very much, and good afternoon to everyone. Welcome to the 9 months Results of Prysmian Group Conference Call. First page, the key highlights. The better ever quarter that we had in our history, EUR 432 million adjusted EBITDA in Q3 with a very outstanding performance in terms of margins. Of course, those are results that are driven by the secular trends of electrification -- across all segments, the performance, especially in energy, ENI, OEM renewables are excellent. Telecom is mostly driven by the North American performance and projects is growing in line with the expectations. Going very well. Overall, in the projects, we have a record backlog and a very good order intake.
The backlog is over EUR 6 billion, almost EUR 7
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