* FY adj. EBITDA now seen at 1.575-1.675 bln euros

* Co sees FY free cash flow at 550-650 mln euros

* H1 adjusted EBITDA up 25.6% to 878 mln euros

MILAN, July 27 (Reuters) -

Italy's Prysmian, the world's largest cable maker, on Thursday raised its 2023 guidance for adjusted core profit and cash flows after posting a solid set of half-year results.

The Italian company said it now expected to reach full-year adjusted earnings before interests, taxes, depreciation and amortization (EBITDA) of between 1.575-1.675 billion euros ($1.75-1.87 billion).

That compares with a previous forecast for an adjusted EBITDA of between 1.375-1.525 billion euros the company provided earlier this year.

In the first half of this year, EBITDA rose almost 26% to 878 million euros, topping a company-provided analysts' consensus of 848 million euros.

"The group ... confirmed its ability to seize the opportunities offered by the energy transition and electrification processes, which require power transmission and distribution grid hardening and development," CEO Valerio Battista said in a statement.

Milan-listed shares in Prysmian reversed losses after results were published and were up 3.9% by 1210 GMT. ($1 = 0.8977 euros) (Reporting by Giulio Piovaccari, editing by Alvise Armellini and Gavin Jones)