Background Image
Table of Contents Table of Contents
Previous Page  35 348 Next Page
Information
Show Menu
Previous Page 35 348 Next Page
Page Background

35

INVESTOR RELATIONS

Creating value for shareholders, and other stakeholders, is

a key priority for Prysmian, whose policy of strategic and

financial communication is directed towards the highest

standards of accuracy, clarity and transparency. The Group's

actions and procedures are designed to provide the market

with credible information, with the goal of boosting market

confidence in the company by seeking to encourage a

long-term investment approach, avoiding unequal access

to information and ensuring effective compliance with the

principle that all existing and potential investors have the

right to receive the same information so as to make informed

investment decisions.

On occasion of the publication of its quarterly results, the

Group organises conference calls with institutional investors

and financial analysts and also invites industry press represen-

tatives to take part. In addition, the Group promptly informs

existing and potential shareholders of any action or decision

that could have a material impact on their investment.

There was intense contact with the financial market during

2014, particularly after the technical problems emerging

with the Western HVDC Link project, with more than 400

encounters involving conference calls and one-to-one or

group meetings at the Company's offices. The Company also

undertook numerous road shows in themajor financial centres

of Europe and North America, and took part in conferences

organised by major international brokers. In addition, the

increasing attention paid to the Group's activities by socially

responsible investors (SRI) was confirmed by their growing

number at SRI dedicatedmeetings and road shows. Lastly, the

Group organised several visits during the year for institutional

investors and financial analysts to see its production facilities

and R&D centres in Europe, the United States and Asia, in

order to give them more detailed knowledge of its products

and production processes.

Coverage of the Prysmian stock remained very high and geo-

graphically diversified. There are 23 independent analysts who

regularly cover the Prysmian stock: Banca Akros, Banca Aletti,

Banca IMI, Banca Profilo, Barclays Capital, Berenberg, BofA

Merrill Lynch, Citi, Credit Suisse, Equita, Espirito Santo, Exane

BNP Paribas, Fidentiis, Goldman Sachs, Hammer Partners,

HSBC, Intermonte, JP Morgan, Kepler Cheuvreux, Mediobanca,

Morgan Stanley, Natixis and UBS.

The Investor Relations office has also maintained regular

contacts with institutional investors through the website

www.prysmiangroup.com ,

with its updated graphics and

content, which contains recordings of conference calls and pre-

sentations to the financial community, corporate documents,

press releases and all other information concerning the Group,

in Italian and English. The Investor Relations section also

includes the financial calendar, documents relating to share-

holders' meetings, the Code of Ethics, the contact details of

analysts who cover the stock as well as specific sections about

Corporate Governance, Risk Factors and Share Performance.

Investor Relations contact details:

Maria Cristina Bifulco - IR Director

+39 02 6449 51400

[email protected]

Investor Relations Office

+39 02 6449 1

[email protected]

Transparency in communication, growth in market confidence in the company and

promotion of a long-term investment approach to its stock.