Business
PRY: Record Q3 results and upgraded guidance reflect strong growth, margin expansion, and tariff tailwinds
PRY: Record Q3 results and upgraded guidance reflect strong growth, margin expansion, and tariff tailwinds
About this update from Prysmian S.p.a.
Record Q3 EBITDA and margin growth were driven by strong Transmission, Power Grid, and Electrification performance, especially in North America. Upgraded full-year guidance reflects robust order intake, tariff benefits, and successful integration of Channell, with deleveraging accelerated by the YOFC stake sale.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.