Prysmian profit jumps as data-center deals and US growth drive outlook - 30 April 2026

Prysmian Daily News Update · Apr 30, 2026 · 2m

As of April 30, today’s news is dominated by Prysmian’s robust financial performance and growing interest in renewable energy driven by geopolitical tensions. Prysmian reported a strong start to 2026, with first-quarter net profit up 64% to 253 million euros and revenue rising to 5.22 billion euros, driven by 5% organic growth. Adjusted EBITDA climbed 14% to 601 million euros, lifting margins despite currency headwinds. CEO Massimo Battaini said results beat expectations and could support an upgrade to full-year guidance later in the year. The group is also close to signing long-term deals…