Prysmian raises annual targets after record Q3 performance
The Italian industrial cable manufacturer posted revenue above €5bn in the third quarter, driven by high-voltage cable demand, and adjusted its 2025 guidance upward.
| Countries | Chine, Italie, États-Unis |
|---|---|
| Companies | Encore Wire Corporation, Prysmian, Yangtze Optical Fibre and Cable Joint Stock Limited Company |
| Sector | Réseaux électriques, Métaux critiques, Cuivre, Transport |
| Theme | Marchés & Finance |
Italian group Prysmian has raised its full-year 2025 guidance after reporting a historically strong financial performance in the third quarter. Revenue reached more than €5bn ($5.29bn), up 9.2% year-on-year, exceeding market estimates, which had expected €4.9bn ($5.18bn). Growth was driven mainly by demand for high-voltage cables for underground, submarine, and overhead infrastructure.
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