The diversified portfolio of activities is a strength for the Prysmian, as the only global leader with a business model balanced among areas with differing profiles, where each segment plays a precise role in the overall strategy, considering stability, growth potential and the generation of opportunities.
Historically, the Power Grid and Electrification area have delivered the most stable results, while the Transmission and Digital Solutions areas have been marked by greater dynamism. Acquisitions have always fit in with the strategy of maintaining balance: Encore Wire and General Cable enabled the Company to diversify geographically, with strong exposure to the North American market, which is structured differently with more consolidated dynamics. Additionally, while the positioning of the Prysmian as a cable manufacturer remains central, part of our activities makes us a network solution provider, drawing on the ability to integrate ever more closely the various components - engineering, installation, network monitoring and after-sales services - to provide value-added services that ensure recurring revenue streams and build long-term partnerships with customers. Alongside this, the Company is also able to identify and develop value-added market niches – such as solutions for the elevator industry, cables for multimedia applications, monitoring solutions developed by Prysmian Electronics – while releasing the synergies needed to be cost-effective and offer end-to-end solutions integrated with advanced digital equipment.
