July 27 (Reuters) - Prysmian SpA Chief Executive Valerio Battista tells analysts in post-results call:

* TELECOMS WAS ONLY SECTOR SHRINKING IN H1 DUE TO VOLUME SLOWDOWN IN NORTH AMERICA, PRETTY SURE MARKET WILL RECOVER IN 2024

* ON M&A, NOT LOOKING AT ANYTHING IN PARTICULAR BUT CURRENT BALANCE SHEET ALLOWS US TO ACT

* IF NO M&A, WE DON'T WANT TO KEEP TOO MUCH MONEY IN OUR POCKETS, SO A BUYBACK OR OTHER INSTRUMENTS MAY MAKE SENSE Further company coverage: (Reporting by Milan newsroom)