Outlook
Based on continued strong business performance across all segments and supported growth outlook for 2026, Prysmian has provided updated guidance despite FX headwinds:
- Adjusted EBITDA is expected in the range of €2,625–€2,775 million (mid-point: €2,700 million);
- Free Cash Flow is projected in the range of €1,300–€1,400 million (mid-point: €1,350 million);
- Sustainability-linked revenues are expected to represent 47%–49% of total group sales.
The evolution of Adjusted EBITDA reflects growth driven by organic performance and perimeter effects, partially offset by adverse foreign exchange impacts.
This guidance assumes no material changes in the geopolitical environment and excludes potential impacts from extreme volatility in production factor costs, supply chain disruptions, or additional tariff changes (including potential US tariffs). The projections are based on the current business perimeter and do not include any potential cash flow impacts related to Antitrust matters.
