Prysmian SpA (WBO:PRY)
€ 63.88 -0.14 (-0.22%) Market Cap: 18.43 Bil Enterprise Value: 19.82 Bil PE Ratio: 33.72 PB Ratio: 3.98 GF Score: 75/100

Full Year 2022 Prysmian SpA Earnings Call Transcript

Mar 09, 2023 / 03:00PM GMT
Release Date Price: €39.84 (+3.16%)
Operator

Good day, ladies and gentlemen, and thank you for and welcome to Prysmian Group Full Year 2022 Integrated results.

(Operator Instructions)

I would now like to turn the conference over to the CEO, Valerio Battista. Please go ahead, sir.

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

Thank you very much, and good afternoon or good morning to everyone. Okay. 2022 is over. How has been over. The company has over delivered on all the promises that gave to the market. In the first chart, Page 2, you can see the actual '21. The first guidance that was EUR 1.10 billion, EUR 1.80 billion in March. Then there has been a serious upgrade in August and finally, the 1 of November.

Well, at the end of the story, the actual '22 has closed even better with EUR 1.488 billion EBITDA and EUR 559 million in terms of free cash flow. So outstanding, in my opinion, results of the company that recognizes or reflect the performance of the entire company.

Let's flip to Page 3. The key highlights. This has been the best ever

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