Prysmian S.P.A. Ord (PRYMF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone, thank you for joining this call, quarter two result, we are at Prismian, 730 million EBITDA, 15.4% EBITDA margin, 9.4% organic growth. So as you see, it's a great quarter from the The numbers perspective is also great in terms of the achievement of the hyperscalers and wallets deals with a 10 billion incremental revenues in the optical space over the next 10 years. Also on the sustainability side, we exceed our expectation with that 46% of the current revenues lean to sustainable solutions. When you read 46%, you need to read almost 10 billion relics, where we provide customers with low carbon footprint and solutions that help them achieve their own targets. 42% is the amazing reduction of scope 1 and 2 over the baseline of 2019, setting great confidence in achieving the net zero by 2035, well ahead of everybody else. Moving to this quarter two perspective, I think it's important to share these slides. It's important to share this different perspective, which we are very proud of. You see, in quarter two, we created the EBITDA higher than what has taken us more than 12 months in the past, in 2018. We generated 700 million EBITDA over the full year. In 2022, it has taken us six months, one semester, to deliver a similar EBITDA. Now we did this in one court. This is a strong sign of the effectiveness and the good execution of the strategy that we designed years ago. So the strategy is basic. basically set on standing the transmission business, growing leadership in North America thanks to the acquisition, and also shifting our focus from cable manufacturer that was our past driver of growth to solution provider. Entering to the digital solution space with more detail, I think you read the press release, I'd like to give you more color around the ...