Financials Prysmian S.p.A.

Equities

PRY

IT0004176001

Electrical Components & Equipment

Market Closed - Borsa Italiana Other stock markets 11:45:00 2025-07-11 am EDT			5-day change	1st Jan Change
61.10 ^EUR	-0.36%		+2.97%	-0.91%

Jul. 11	Nexans: share =rises on Goldman Sachs upgrade	CF
Jul. 11	DIARY - Italy to Aug. 31	RE

Projected Income Statement: Prysmian S.p.A.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	10,016	12,736	16,067	15,354	17,026	19,386	20,487	21,651
Change	-	27.16%	26.15%	-4.44%	10.89%	13.86%	5.68%	5.68%
EBITDA ¹	840	976	1,387	1,628	1,927	2,297	2,528	2,732
Change	-	16.19%	42.11%	17.38%	18.37%	19.18%	10.07%	8.07%
EBIT ¹	515	647	1,119	1,270	1,462	1,705	1,930	2,121
Change	-	25.63%	72.95%	13.49%	15.12%	16.6%	13.25%	9.87%
Interest Paid ¹	-101	-96	-64	-96	-225	-275.7	-251.4	-229.4
Earnings before Tax (EBT) ¹	252	476	739	764	981	1,340	1,607	1,799
Change	-	88.89%	55.25%	3.38%	28.4%	36.59%	19.9%	11.96%
Net income ¹	178	308	504	529	729	968.7	1,169	1,309
Change	-	73.03%	63.64%	4.96%	37.81%	32.88%	20.65%	11.96%
Announcement Date	3/11/21	3/1/22	3/9/23	2/29/24	2/27/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1
Net sales ¹	2,398	2,503	2,528	2,810	3,224	3,260	3,442	3,677	4,272	4,140	3,978	3,992	4,011	3,822	3,529	3,687	4,132	4,543	4,664	4,771	4,912	4,901	5,049	5,032
Change	-	4.38%	1%	11.16%	14.73%	1.12%	5.58%	6.83%	16.18%	-3.09%	-3.91%	0.35%	0.48%	-4.71%	-7.67%	4.48%	12.07%	9.95%	2.66%	2.29%	2.95%	-0.22%	3.03%	-0.35%
EBITDA ¹	222	228	193	213	257	255	251	288	411	432	256	427	451	408	342	412	457	540	518	527	582.4	610.5	589.4	-
Change	-	2.7%	-15.35%	10.36%	20.66%	-0.78%	-1.57%	14.74%	42.71%	5.11%	-40.74%	66.8%	5.62%	-9.53%	-16.18%	20.47%	10.92%	18.16%	-4.07%	1.74%	10.51%	4.82%	-3.44%	-
EBIT ¹	136	148	114	135	177	171	164	201	320	338	260	294	408	317	380	312	364	428	358	377	452.7	468.1	424.8	447.4
Change	-	8.82%	-22.97%	18.42%	31.11%	-3.39%	-4.09%	22.56%	59.2%	5.62%	-23.08%	13.08%	38.78%	-22.3%	19.87%	-17.89%	16.67%	17.58%	-16.36%	5.31%	20.09%	3.39%	-9.25%	5.32%
Charge d'intérêts ¹	-28	-24	-22	-13	-27	-29	-27	-25	-30	-11	-	-21	-33	-16	-26	-	-31	-80	-122	-73	-70	-	-	-
Earnings before Tax (EBT) ¹	87	97	37	-	128	141	97	-	184	250	121	271	311	238	-56	-	274	276	166	212	349.5	-	-	-
Change	-	11.49%	-61.86%	-	-	10.16%	-31.21%	-	-	35.87%	-51.6%	123.97%	14.76%	-23.47%	-123.53%	-	-	0.73%	-39.86%	27.71%	64.86%	-	-	-
Net income ¹	55	62	38	76	86	93	53	126	133	172	73	182	223	170	-46	185	217	217	110	150	264.6	325.1	321.9	336.7
Change	-	12.73%	-38.71%	100%	13.16%	8.14%	-43.01%	137.74%	5.56%	29.32%	-57.56%	149.32%	22.53%	-23.77%	-127.06%	502.17%	17.3%	0%	-49.31%	36.36%	76.41%	22.86%	-0.99%	4.6%
Announcement Date	7/30/20	10/29/20	3/11/21	5/13/21	7/28/21	11/11/21	3/1/22	5/12/22	7/28/22	11/10/22	3/9/23	5/16/23	7/27/23	11/9/23	2/29/24	5/7/24	8/1/24	10/31/24	2/27/25	5/7/25	-	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2021 S1	2021 S2	2022 S1	2023 S1	2023 S2	2024 S1
Net sales ¹	6,034	6,702	7,949	8,003	7,351	7,819
Change	-	11.07%	18.61%	0.68%	-8.15%	6.37%
EBITDA ¹	470	506	699	878	750	869
Change	-	7.66%	38.14%	25.61%	-14.58%	15.87%
EBIT ¹	312	335	521	702	568	676
Change	-	7.37%	55.52%	34.74%	-19.09%	19.01%
Charge d'intérêts	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	238	-	368	-	-	539
Change	-	-	-	-	-	-
Net income ¹	162	146	259	405	124	402
Change	-	-9.88%	77.4%	56.37%	-69.38%	224.19%
Announcement Date	7/28/21	3/1/22	7/28/22	7/27/23	2/29/24	8/1/24

¹EUR in Million

Estimates

Forecast Balance Sheet: Prysmian S.p.A.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	1,986	1,760	1,417	1,188	4,296	4,381	3,675	2,770
Change	-	-11.38%	-19.49%	-16.16%	261.62%	1.98%	-16.12%	-24.63%
Announcement Date	3/11/21	3/1/22	3/9/23	2/29/24	2/27/25	-	-	-

¹EUR in Million

Estimates

Cash Flow Forecast: Prysmian S.p.A.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	240	258	429	599	784	344	675.2	609.1
Change	-	7.5%	66.28%	39.63%	30.88%	-56.12%	96.27%	-9.79%
Free Cash Flow (FCF) ¹	465	519	609	817	1,011	491	1,149	1,382
Change	-	11.61%	17.34%	34.15%	23.75%	-51.43%	134.06%	20.22%
Announcement Date	3/11/21	3/1/22	3/9/23	2/29/24	2/27/25	-	-	-

¹EUR in Million

Estimates

Forecast Financial Ratios: Prysmian S.p.A.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	8.39%	7.66%	8.63%	10.6%	11.32%	11.85%	12.34%	12.62%
EBIT Margin (%)	5.14%	5.08%	6.96%	8.27%	8.59%	8.79%	9.42%	9.8%
EBT Margin (%)	2.52%	3.74%	4.6%	4.98%	5.76%	6.91%	7.84%	8.31%
Net margin (%)	1.78%	2.42%	3.14%	3.45%	4.28%	5%	5.71%	6.04%
FCF margin (%)	4.64%	4.08%	3.79%	5.32%	5.94%	2.53%	5.61%	6.38%
FCF / Net Income (%)	261.24%	168.51%	120.83%	154.44%	138.68%	50.69%	98.33%	105.58%
Profitability
ROA	2.14%	3.1%	4.07%	4.84%	5.86%	4.98%	5.69%	6.13%
ROE	9.36%	11.91%	15.51%	17.14%	19.94%	18.41%	18.58%	18.07%
Financial Health
Leverage (Debt/EBITDA)	2.36x	1.8x	1.02x	0.73x	2.23x	1.91x	1.45x	1.01x
Debt / Free cash flow	4.27x	3.39x	2.33x	1.45x	4.25x	8.92x	3.2x	2.01x
Capital Intensity
CAPEX / Current Assets (%)	2.4%	2.03%	2.67%	3.9%	4.6%	1.77%	3.3%	2.81%
CAPEX / EBITDA (%)	28.57%	26.43%	30.93%	36.79%	40.69%	14.98%	26.71%	22.3%
CAPEX / FCF (%)	51.61%	49.71%	70.44%	73.32%	77.55%	70.06%	58.75%	44.08%
Items per share
Cash flow per share ¹	2.677	2.943	3.909	4.86	6.682	6.1	5.765	5.997
Change	-	9.95%	32.82%	24.32%	37.5%	-8.71%	-5.48%	4.01%
Dividend per Share ¹	0.5	0.55	0.6	0.6	0.7	0.82	1.005	1.117
Change	-	10%	9.09%	0%	16.67%	17.14%	22.6%	11.09%
Book Value Per Share ¹	8.577	11.06	13.37	12.98	17.73	20.63	23.67	27
Change	-	28.95%	20.89%	-2.95%	36.64%	16.35%	14.73%	14.1%
EPS ¹	0.68	1.17	1.9	1.84	2.52	3.37	4.033	4.539
Change	-	72.06%	62.39%	-3.16%	36.96%	33.75%	19.66%	12.54%
Nbr of stocks (in thousands)	263,259	263,410	263,495	272,694	289,047	286,731	286,731	286,731
Announcement Date	3/11/21	3/1/22	3/9/23	2/29/24	2/27/25	-	-	-