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Prysmian SpA (PRY)

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Trading near 52-week High
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Prysmian SpA Company Profile

Prysmian S.p.A., together with its subsidiaries, produces, distributes, and sells power and telecom cables and systems, and related accessories under the Prysmian, Draka, and General Cable brands worldwide. It operates through four segments: Renewable Transmission, Power Grid, Electrification, and Digital Solutions. The company offers low-voltage rigid and flexible cables for the distribution of power to residential, commercial, and industrial buildings; and power distribution solutions, such as medium-voltage cable systems for overhead and underground installation for connecting industrial and/or residential buildings to the primary distribution grid, as well as low-voltage cable systems for power distribution. It also provides special cables for renewables, marine, automotive, aerospace, oil and gas, nuclear, mining, military and defense, railway, and crane industries; flat lift cables for network monitoring solutions; fiber optic and copper telecom cabling solutions, and the related connectivity accessories; fiber optic and copper solutions for fixed or mobile multimedia communication, such as audio-visual content transmission, and indoor connectivity; and single-mode and multimode optical and special fibers. In addition, the company offers underground cable systems for the energy transition and powering wind farms; undersea power transmission and distribution systems; data transmission cables; harnessing and connectorization, custom engineering, maintenance and safety, components and systems, tools and hardware, wire rope compensation cables and accessories, wireway and electrical, cable and accessories, electronics and modernization, and kitting and consolidation for elevators; and rolling stocks. Prysmian S.p.A. was founded in 1879 and is headquartered in Milan, Italy.

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