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Prysmian SpA (PRY.MI)

PRY.MI on Milan Stock Exchange

26.38EUR
11:35am EDT
Change (% chg)

€-0.03 (-0.11%)
Prev Close
€26.41
Open
€26.51
Day's High
€26.83
Day's Low
€26.38
Volume
1,018,730
Avg. Vol
1,130,079
52-wk High
€27.68
52-wk Low
€20.21

Latest Key Developments (Source: Significant Developments)

Prysmian shares rise at open on Goldman Sachs's upgrade
Friday, 2 Jun 2017 03:06am EDT 

June 2 (Reuters) - Italian cable maker Prysmian::Shares rise in early market trade after Goldman Sachs upgrades the stock to "buy", adding it to its conviction list.Stocks up 2.95 pct at 0710 GMT.  Full Article

Prysmian expects organic revenues to be broadly flat this year
Wednesday, 10 May 2017 12:38pm EDT 

May 10 (Reuters) - Prysmian Chief Executive Valerio Battista said in a post-results analyst call: :he sees organic revenues broadly flat in 2017.there are several medium-sized M&A deals on the table, thinks something will be finalised by year-end.possible transformational deal on the table, but too early to say more.  Full Article

Prysmian CEO says considering M&A options but won't waste money
Wednesday, 1 Mar 2017 01:37pm EST 

Italy's Prysmian Chief Executive Valerio Battista tells a post-results call: group discussing some M&A transactions, but does not want to waste money . group will use 500 million euro raised with equity bond for additional share buy back if no profitable acquisition opportunity arises Further company coverage: [PRY.MI] (Reporting by Milan newsroom).  Full Article

Prysmian CFO says debt will continue to go down, but at slower pace
Wednesday, 1 Mar 2017 12:58pm EST 

Italy's Prysmian Chief Financial Officer Pier Francesco Facchini tells an analyst call: debt will continue to go down but at a slower pace than in the last two years Further company coverage: [PRY.MI] (Reporting by Milan newsroom).  Full Article

Clubtre cut Prysmian stake to 4 pct - filing
Monday, 23 Jan 2017 12:02pm EST 

Prysmian: Clubtre Spa held 4.01 percent of Italian cable maker Prysmian as of Jan. 18, down from a previous stake of 6.12 percent, a filing by market regulator Consob showed Further company coverage: [PRY.MI] (Reporting by Milan newsroom).  Full Article

Tamburi says sold Prysmian stake at 24.40 euros per share
Wednesday, 18 Jan 2017 03:02pm EST 

Prysmian Spa : Tamburi Investment Partners says successfully completed sale of 1.85 percent stake in Prysmian for 97.6 million euros . Transaction was concluded at price of 24.40 euros per share Further company coverage: [PRY.MI] [TIP.MI] (Reporting by Milan newsroom).  Full Article

Tamburi's Clubtre to sell 1.85 pct stake in Prysmian
Wednesday, 18 Jan 2017 12:18pm EST 

Prysmian Spa : Tamburi says its Clubtre unit will sell 4 million shares, or 1.85 percent stake, in the cable maker . Tamburi says shares to be sold in accelerated book building arranged by Morgan Stanley . Tamburi says Clubtre will maintain 4.01 percent stake in Prysmian after placement and will remain single largest shareholder Further company coverage: [PRY.MI] (Reporting by Milan newsroom).  Full Article

Italy's Prysmian to issue 400 mln euro equity-linked bonds
Thursday, 12 Jan 2017 02:27am EST 

Italian cable maker Prysmian says: To issue 400 million euro equity linked bonds . could increase the size up to 500 million euros by exercising an option at the time of pricing. . bonds are being offered only to institutional investors in Italy and abroad . proceeds from the issue will be used to pursue potential external growth opportunities, to fund share repurchases aimed at serving potential conversion rights requirements and/or currency for funding its growth strategy, and general corporate purposes. Further company coverage: [PRY.MI] (Reporting by Milan Newsroom).  Full Article

Italy's Prysmian buys high-voltage assets in China
Friday, 2 Dec 2016 03:19am EST 

Prysmian says: wins a bankruptcy auction for assets of a high-voltage factory in China for a total consideration of around 46 million euros, including taxes . the factory was previously operated by Shen Huan Cable .the acquisition will be carried out by Prysmian Technology Jiangsu, a company wholly owned by Prysmian's holding company in China.  Full Article

Prysmian sees debt at around 650 mln euros by year-end - CFO
Tuesday, 8 Nov 2016 11:45am EST 

Prysmian CFO tells analysts on a conference call: sees debt at around 650 million euros by year-end Further company coverage: [PRY.MI] (Reporting by Milan newsroom).  Full Article

FTSE hits new record, Europe boosted by appetite for riskier assets

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