Prysmian Lifts 2026 EBITDA Target to €2,800 Million After Strong 1H

The cable maker reported 1H revenue of €11.24B and upgraded its 2026 adjusted EBITDA guidance on robust segment performance. Prysmian S.p.A. posted first-half GAAP earnings per share of €1.86 and revenue of €11.24 billion, up 16.5% year-over-year. The company attributed th

The cable maker reported 1H revenue of €11.24B and upgraded its 2026 adjusted EBITDA guidance on robust segment performance.

Prysmian S.p.A. posted first-half GAAP earnings per share of €1.86 and revenue of €11.24 billion, up 16.5% year-over-year. The company attributed the growth to strong delivery across all business segments.

The prior 2026 adjusted EBITDA guidance was not disclosed, but Prysmian now expects the metric to reach €2,800 million. The upgrade reflects confidence in sustained operational momentum and market demand.

Shares showed limited immediate reaction following the announcement, trading near prior levels.

Leave a Reply

Your email address will not be published. Required fields are marked *