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Last €20.15 EUR
Change Today +0.02 / 0.10%
Volume 630.1K
PRY On Other Exchanges
Symbol
Exchange
PRY is not on other exchanges.
As of 7:45 AM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

prysmian spa (PRY) Snapshot

Open
€20.40
Previous Close
€20.13
Day High
€20.41
Day Low
€19.92
52 Week High
05/28/15 - €21.13
52 Week Low
10/16/14 - €12.34
Market Cap
4.4B
Average Volume 10 Days
1.3M
EPS TTM
€0.70
Shares Outstanding
216.7M
EX-Date
04/20/15
P/E TM
28.8x
Dividend
€0.42
Dividend Yield
2.08%
Current Stock Chart for PRYSMIAN SPA (PRY)

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prysmian spa (PRY) Details

Prysmian SpA, together with its subsidiaries, produces, distributes, and sells cables and systems, and related accessories for the energy and telecommunications industries worldwide. The company’s Energy Projects segment engineers, manufactures, and installs high voltage cables for underground and submarine power transmission; and advanced services for the construction of submarine power lines for offshore wind farms, such as project management and cable installation, as well as technological solutions. This segment also offers subsea umbilical, riser, and flowline products and services, such as multipurpose umbilical cables for transporting energy, telecommunications, fluids, and chemicals; high-tech flexible pipes and ducting for offshore oil extraction; and special DHT cables, which include cables to control downhole instrumentation, power cables, and hydraulic fluid cables. Its Energy Products segment manufactures medium voltage cables and systems to connect industrial and residential buildings to primary distribution grids; and low voltage products for power distribution and the wiring of buildings. This segment also provides cable systems for various industrial applications, such as trains, aircraft, ships, port systems, cranes, mines, nuclear industry, defence, electro-medical sector, and renewable energy; power, instrumentation, and control cables for the petrochemicals markets; connectorised and hoistway cables for elevator markets; network accessories and components to connect cables and other network elements; and residual products. The company’s Telecom segment manufactures cable systems and connectivity products for use in telecommunication networks. This segment’s product portfolio includes optical fiber, optical cables, connectivity components and accessories, optical ground wires, and copper cables. Prysmian SpA is headquartered in Milan, Italy.

19,436 Employees
Last Reported Date: 03/17/15

prysmian spa (PRY) Top Compensated Officers

Chief Executive Officer, General Manager and ...
Total Annual Compensation: €1.1M
Chief Financial Officer and Executive Directo...
Total Annual Compensation: €525.0K
Chief Strategy Officer and Executive Director
Total Annual Compensation: €701.7K
Senior Vice President of Energy Projects and ...
Total Annual Compensation: €602.3K
Compensation as of Fiscal Year 2014.

prysmian spa (PRY) Key Developments

National Grid Selects Prysmian and Nexans to Build NSN Link

National Grid plc has awarded contracts totaling EUR 1.5 billion to Prysmian and Nexans SA to build the North Sea Network, or NSN, link, the first electricity link between UK and Norway. The converter stations in both UK and Norway will be delivered by ABB, the power technology specialist. The project, which will establish a first direct connection between the two countries energy systems, is a joint venture between National Grid and Statnett SF, the Norwegian transmission system operator. The new interconnector will contribute to increased production and use of renewable energy on both sides and will have a capacity of 1,400MW.

Prysmian Group Announces Inauguration of Newly Expanded Optical Fibre Production Facility in Sorocaba, São Paulo

Prysmian Group maintains its commitment to innovation and competing in the optical fibre sector worldwide with the inauguration of a newly expanded optical fibre production facility in Sorocaba, São Paulo. As part of a five year plan which ends in 2016, Prysmian is investing more than EUR 100 million in its telecom R&D activities and optical fibre plants worldwide, with the aim of increasing competitiveness of fibre products and enhancing production capacity in order to match demand from the market. The Brazilian project is part of this ongoing global scheme which will improve the performance of the Group's optical products and manufacturing processes, along with other excellence centres in the USA, France, Italy and the Netherlands. The first phase of the investment plan for the Soracaba plant - now completed - increased the local production capacity to meet local market needs of 4.5m km of fibre preforms per year. The ongoing second phase of the plan aims to upgrade manufacturing processes in order to provide the South American market with the most advanced fibre solutions and also further increase capacity if market demand requires it.

Prysmian Wins EUR 550 Million Contract for HVDC Submarine Interconnector

Prysmian Group has received a new contract worth around EUR 550 million, from Statnett SF and National Grid NSN Link Ltd, for a high voltage direct current, or HVDC, submarine interconnector that will link Norway and the UK. The NSN Link will be the first power cable system to connect these two nations and its realization is of high strategic value enabling the trading of power between the Norwegian and the UK countries, providing a means to share the use of renewable energy and increasing the security of electricity supply. It is considered an essential part of the European grid reinforcement strategy, aimed at reducing electricity prices, providing cleaner energy, and to compensate for the supply from ageing generation plants in the UK that will be taken out of service. The overall project represents a significant milestone as it will set a new record as the longest HVDC subsea cable link ever installed, following a route of about 740 km in length between the converter stations in Kvilldal in Norway and Blyth in the UK.

 

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PRY:IM €20.15 EUR +0.02

PRY Competitors

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Company Last Change
Alstom SA €26.51 EUR -0.055
Areva SA €8.30 EUR +0.055
Furukawa Electric Co Ltd ¥199.00 JPY -4.00
Nexans SA €37.56 EUR +1.29
Pirelli & C. SpA €14.97 EUR -0.01
View Industry Companies
 

Industry Analysis

PRY

Industry Average

Valuation PRY Industry Range
Price/Earnings 29.3x
Price/Sales 0.6x
Price/Book 3.5x
Price/Cash Flow 15.2x
TEV/Sales 0.4x
 | 

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