Latest News for PRYMY
Italian cable maker Prysmian said on Friday it had partnered with Rio Tinto to supply electrical cables made with low-carbon aluminium for an Amazon data centre in Ohio.
Prysmian is uniquely positioned to benefit from AI-driven data center and grid expansion, supplying both power and optical connectivity infrastructure. A strong backlog (€17B Transmission), a proprietary installation fleet, and high EBITDA margins (21.2% Transmission) support forward visibility and pricing power. Recent guidance upgrades—2026 adj. EBITDA midpoint of €2.85B and FCF of €1.70B reflect robust growth and…
Prysmian S.p.A. (OTCMKTS:PRYMY - Get Free Report) has earned an average rating of "Buy" from the seven brokerages that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and two have issued a strong buy recommendation on the company. Several
Prysmian S.p.A. (PRYMY) M&A Call Transcript
Prysmian said its planned acquisition of Atkore NYSE: ATKR would expand its U.S. electrification portfolio beyond cables into installation components, positioning the combined company as a one-stop supplier for distributors, engineering firms and data-center customers.
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