Q3 2023 Prysmian SpA Interim Management Statement Call Transcript
Good day, and thank you for standing by. Welcome to the Prysmian Group 9 Months 2023 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.
Thank you very much, and good afternoon to everyone. 9 Months 2023 for Prysmian Group, the financial results. Let's move to the highlights, the following page. Almost EUR 12 billion sales with an adjusted EBITDA of EUR 1.286 billion, a 10.9% EBITDA margin, not so bad. Free cash flow, pretty good, EUR 729 million. To be noted that in the first 9 months of the year, we completed successfully, both, Vineyard and Viking. Consequently, 2 very important projects successfully completed because other than the others that are very important, now what's current is the execution and the real realization of the projects we got. Other than that, we have been awarded of 13 billion projects in the
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