Prysmian S.P.A. Ord (PRYMF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome all, and thank you for taking your time to attend the call for 2025 for your result. I would like to highlight the 25. You see a record results across all KPIs, strong performance in EBITDA with 2.4 billion, which is itself a 500 million growth in terms of the EBITDA over the 24 performance. A strong net income, 1.3 billion, of course, supported by the disposal of the YEC share, but still remain an outstanding net income result. And a cash generation with a 50% conversion feasibility. 1.2 billion, again, record result in free cash flow generation. Even the margin grows over 2024. To appreciate it, I will We wait for the next slide. And from growth EPS, also with 18%, which is well above the range that we committed to achieving at the capital market rate, that was 15 slash 70%. And we'll jump to the next one to deploy, to display the scenic account Acceleration in our performance. You see stability with slight growth in 22, 23. Then the first step up, 1.9 billion EBITDA and 2.4 billion this year. This 500 million is a significant hike in EBITDA. mainly coming from perimeter change, the full recognition of anchor wire impact in 2025, the new acquisition channel, and the strongest EVA performance that comes from transmission with 200 million growth in EBITDA. To be honest, there is another 80 million benefit in terms of organic growth in the 2025 result that is hidden by the Forex that was 80 million, 75 million to be specific adverse in 25-24. I will not comment on the guidance now, but you see that 2.7 already positioned us, I would say, slightly ahead of what is the target that we have to achieve by 2028, considering that we still have two years to go. Freakish flow, similar trend, significant acceleration. 1.2 billion is a very good conversion rate for the e...