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Prysmian SpA Confirms Adjusted EBITDA Guidance for FY 2012

Thursday, 8 Nov 2012 09:50am EST 

Prysmian SpA announced that despite the gradual deterioration in macroeconomic conditions, the results achieved in the first nine months, combined with the size of the current order book, allow the Company to confirm an increase in adjusted EBITDA for the fiscal year 2012 in the range of EUR 600-EUR 650 million (FY 2011: EUR 568 million), with the upper end of the range to be achieved (EUR 625-EUR 650 million). According to I/B/E/S Estimates analysts on average are expecting the Company to report EBITDA of EUR 612.62 million for the fiscal year 2012. 

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