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PASSION
INNOVATION
TEAM PLAY

Prysmian is an organization made up of people, united by a desire to connect the world and lead the energy transition and the digital transformation. Passion, innovation and teamwork are what unites Prysmian every day with all of its stakeholders, working toward a horizon of sustainable growth.

The passion of responsible commitment, innovation as the mantra guiding every choice and teamwork as a model for thought, action and behavior.

Our 2024 figures

€1,927 M

Prysmian's adjusted EBITDA was Euro 1,927 million in 2024, up Euro 299 million over the corresponding 2023 figure of Euro 1,628 million (+18.4%). The adjusted EBITDA to sales ratio was 11.3%, up from 10.6% in 2023.

 

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€748 M

Net profit stood at Euro 748 million (Euro 547 million in FY23). Net profit attributable to shareholders of the parent company was Euro 729 million (Euro 529 million in FY23), driving a significant increase in diluted earnings per share to Euro 2.52 (Euro 1.84 per share in 2023).

 

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€1,011 M

The Free Cash Flow increased to Euro 1,011 million from Euro 724 million in FY23 (+39.6%).

 

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16%

 

The ROCE was 16% at 31 December 2024.

46%

The number of employees with Prysmian shares deposited in company administrative accounts through GROW, YES and BE IN plans out of the total employees eligible to participate in at least one of the plans was in line with the 2023 results.

 

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47.5%

In 2024, the share of women desk workers hired with permanent contract compared to the total desk workers hired with permanent contract increased 1.5% over the previous year (46% in 2023).

 

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-37%

 

In 2024, Scope 1 and Scope 2 (market-based) greenhouse gas emissions, totaling 582,397 ktCO2eq, posted a 37% drop compared to the 2019 baseline.

 

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-54%

In 2024, Scope 3 greenhouse gas (GHG) emissions amounted to 115,537,809 tCO2e, down 54% from the values recorded in 2019.

 

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Business Strategy

We create value for our stakeholders

Connectivity is the thread linking people, communities and the global economies. We want to connect the world and together lead the energy transition and digital transformation.

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Sustainability Strategy

Prysmian’s approach to sustainability

Our strategic approach integrates the concept of sustainability in every aspect of company activity, creating tangible value for customers, communities and territories. To be true leaders of change.

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Our 2028 goals

€2.95B – €3.15B

Prysmian will target a significant increase of adjusted EBITDA, to rise to a range of €2,950 million to €3,150 million, up from €1,927 million at full year 2024. 

15%-
19%

Prysmian is also targeting an estimated EPS CAGR range of 15%-19% from across 2024-2028, with an adjusted EPS of 4.60-5.20 euros per share in 2028, up from 2.81 euros per share in 2024.  

€1.5B – €1.7B
The free cash flow range for 2028 also increases to €1,500 million to €1,700 million, up from €1,011 million at FY24, with an % EBITDA conversion of free cash flow of greater than 50%.
20%-
22%
The ROCE target is between 20% to 22%, up from 16% in 2024.

>50%

With the GROW, YES and BE IN plans, Prysmian is encouraging a stable and ever increasing participation of employees in the company’s share capital. In this way, the company hopes to increase the participation, engagement, sense of belonging and business understanding of the company’s population, ensuring that the interests of shareholders, customers and employees converge over time, and reinforcing the internal perception of Prysmian as a single and unique enterprise.

2035

Prysmian is committed to adopting strategies and practices aimed at improving overall biodiversity in all priority areas in which it operates, not only compensating for and remediating any biodiversity loss, but also creating a net benefit for the ecosystem, with the goal of achieving Net Gain status at 2035, also in accordance with TNFD (Task Force on Nature-Related Disclosure) guidelines.

-60%

AT 2030

Prysmian's climate strategy is aligned with "science-based" targets, and thus with the Paris Agreement climate goals (1.5°C). Specifically, with regard to Scope 1 and 2 greenhouse gas (GHG) emissions, i.e., those linked to own operations, the company has committed to reducing them by 60% by 2030 from the values recorded in 2019 and reaching Net Zero by 2035.

-65%

AT 2030

 

Prysmian's climate strategy is aligned with "science-based" targets, and thus with the Paris Agreement climate goals (1.5°C). With regard to Scope 3 greenhouse gas (GHG) emissions, i.e., the indirect emissions linked to the value chain, the company has set a target of reducing them by 65% by 2030 from the values recorded in 2019 and reaching Net Zero by 2035.

Learn more about our goals to 2028.

Climate Change and Social Ambition

Becoming a global leader in sustainability

In 2021, we set challenging climate and social goals aimed at encouraging the transition to a low-carbon world and a more equitable and inclusive work environment.

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Take a closer look at the results achieved in 2024

Economic-Financial Performance

ESG Performance

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Download the 2024 Documents

Integrated Annual Report

Capital Markets Day