Power & optical cables · world No.1

Prysmian

The world's largest maker of power and optical cables. AI datacenter grid, HVDC subsea links and fiber demand lifted 2025 revenue to EUR 19.7bn with a record EUR 17bn transmission backlog.

PRY.MI Updated Jul 12, 2026 2 AI consumers· 1 recurring

Annual return · 2026-07-10'21+13.6%'22+28.1%'23+11.4%'24+66.6%'25+51.9%YTD+35.4%
Money in전력망 운영사·National Grid·SP Energy Networks (HVDC 해저케이블)Amount €2.3B하이퍼스케일러·데이터센터 (광케이블·전력배선)
PrysmianEUR 19,650M
Money out구리 (원자재)알루미늄 (원자재)광섬유·프리폼 (원자재)

Financials & Segments

  • Total revenue · EUR 19,650M (FY2025, +15.4%) · adj. EBITDA EUR 2,398M · net EUR 1,270M · transmission backlog EUR 17B (record)
  • Segments · Transmission · Power Grid · Electrification · Digital Solutions

Revenue from

  • 전력망 운영사·National Grid·SP Energy Networks (HVDC 해저케이블) High confidence· Amount €2.3B · EGL4 계약 · single HVDC contract
    The Transmission unit (grid and HVDC subsea cables) sells mainly to national grid operators (TSOs). In Feb 2026 Prysmian signed the EUR 2.3bn EGL4 contract (2GW Fife-Norfolk subsea HVDC) with SP Energy Networks and National Grid; the transmission backlog is a record EUR 17bn.
    Confirms KO Hankyung Business Published Apr 5, 2026: Prysmian, the global No.1 cable giant
    Confirms EN Prysmian Published Mar 1, 2026: Integrated Annual Report 2025
    Confirms EN Prysmian Published Feb 26, 2026: Prysmian continues growth and margin expansion in Q4'25 - 2025 is Prysmian's best year yet
    Confirms EN Prysmian Published Feb 2, 2026: Prysmian signs contract for the delivery of Eastern Green Link 4
  • 하이퍼스케일러·데이터센터 (광케이블·전력배선) High confidence
    The Digital Solutions (datacenter fiber) and Electrification (power wiring) units grow on North American hyperscalers' AI datacenter buildout. Individual customer names and contract values are not disclosed.
    Mentions EN Yahoo Finance Published Jun 2, 2026: How Prysmian is turning AI data-center fiber demand into a Digital Solutions growth story
    Mentions KO Hankyung Business Published Apr 5, 2026: Prysmian, the global No.1 cable giant
    Confirms EN Prysmian Published Feb 26, 2026: Prysmian continues growth and margin expansion in Q4'25 - 2025 is Prysmian's best year yet

Pays to

  • 구리 (원자재) High confidence
    Copper is the single largest input cost for cables. Prysmian applies a standard copper price of EUR 5,500/ton to sterilise metal-price swings; metal costs are largely passed through to customers.
    Confirms EN Prysmian Published Mar 1, 2026: Integrated Annual Report 2025
  • 알루미늄 (원자재) High confidence
    Aluminium is a core conductor raw material alongside copper, carried at a standard price of EUR 1,500/ton.
    Confirms EN Prysmian Published Mar 1, 2026: Integrated Annual Report 2025
  • 광섬유·프리폼 (원자재) Medium confidence
    Optical fiber and preforms are the key raw materials for Digital Solutions cables, with usage rising on AI datacenter demand.
    Mentions EN Yahoo Finance Published Jun 2, 2026: How Prysmian is turning AI data-center fiber demand into a Digital Solutions growth story
    Confirms EN Prysmian Published Mar 1, 2026: Integrated Annual Report 2025

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