• Prysmian’s 1Q Adjusted Ebitda outperformed estimates, coming in at EU412 million, which is a drop of 3.5% y/y.
• The adjusted Ebitda for transmission increased by 15% y/y to EU62 million.
• Power grid’s adjusted Ebitda saw a significant y/y growth of 58% to total EU115 million.
• Electrification segment’s adjusted Ebitda decreased by 13% y/y, amounting to EU203 million.
• Digital solutions experienced a steep decrease in its adjusted Ebitda, dropping by 52% y/y to EU32 million.
• Prysmian’s overall revenue was EU3.69 billion, falling short of the estimate of EU3.75 billion and marking a 7.6% y/y decrease.
• Transmission sales were down by 1.5% y/y, totalling at EU474 million.
• Sales in the electrification sector reached EU2.05 billion, recording a decline of 6.8% y/y.
• The company’s digital solutions sales plummeted by a significant 32% y/y, amounting to EU312 million.
• Prysmian’s net income surpassed estimates, climbing to EU185 million which was a 1.6% y/y increment.
• For the year’s forecast, Prysmian anticipates their adjusted Ebitda to reach the high end of EU1.58 billion to EU1.68 billion which matches previous estimates.
• The company also expects free cash flow to reach on the higher side of the estimated EU675 million to EU775 million range.
• Prysmian predicts their FY Results to be in the upper end of their guidance range.
• The market shows mixed sentiments with 12 buys, 4 holds, and 2 sells.
A look at Prysmian SpA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Smartkarma’s Smart Scores paint a positive long-term outlook for Prysmian SpA, a company at the forefront of developing, designing, producing, supplying, and installing cables for energy and telecommunications sectors. With a high growth score of 5, Prysmian SpA is poised for significant expansion in the coming years, reflecting strong potential for future development and profitability. The company also scores well in terms of resilience and momentum, indicating its ability to weather challenges and maintain a strong performance trajectory. While its value and dividend scores are moderate, the overall outlook for Prysmian SpA appears promising, supported by its core strengths in growth and operational resilience.
Prysmian SpA‘s Smartkarma Smart Scores highlight a robust long-term outlook for the company, known for its cable solutions in the energy and telecommunications industries. The company’s strong momentum score of 5 underscores its positive market sentiment and upward trajectory in the competitive landscape. With a resilience score of 4, Prysmian SpA demonstrates a capacity to navigate uncertainties effectively and maintain operational stability. Despite moderate scores in value and dividends, the company’s high growth score positions it well for expansion and innovation in its core business areas, reinforcing its strategic positioning in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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