Latest / Prysmian Daily News Update
Battaini talks with The New York Times. Prysmian soars, EU eyes tariffs - Jul 14, 2025
Today’s news cycle is largely dominated by positive developments for Prysmian. In an interview with The New York Times, CEO Massimo Battaini discussed submarine cables, noting that the company is effectively sold out through 2028, with orders surging to around 17 billion euros. This underscores a major shift in the industry, driven by the growing demand for undersea power cables. In another significant update for Prysmian, Barclays has raised its target price for the company to 102 euros, up from 82 euros, citing robust growth projections in the high-voltage cable sector - which was also…
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