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57

2014

2013 (*)

Change %

% organic

2012 (*)

sales

change

Sales

2,677

2,747

-2.6%

2.7% 3,139

Adjusted EBITDA before share of net profit/(loss)

of equity-accounted companies

91

113

-20.4%

134

% of sales

3.4%

4.1%

4.3%

Adjusted EBITDA

108

127

-16.8%

144

% of sales

4.1%

4.6%

4.6%

Adjusted operating income

74

90

-19.4%

103

% of sales

2.8%

3.3%

3.3%

Prysmian produces high and medium voltage cable systems

to connect industrial and/or civilian buildings to primary dis-

tribution grids and low voltage cables and systems for power

distribution and the wiring of buildings. All the products

offered comply with international standards regarding insula-

tion, fire resistance, smoke emissions and halogen levels. The

low voltage product portfolio includes rigid and flexible cables

for distributing power to and within residential and commer-

cial structures. The Group concentrates product development

and innovation activities on high performance cables, such as

Fire-Resistant and Low Smoke zero Halogen cables, capable

of guaranteeing specific safety standards. The product range

has been recently expanded to satisfy cabling demands for

infrastructure such as airports, ports and railway stations,

by customers as diverse as international distributors, buying

syndicates, installers and wholesalers.

ENERGY & INFRASTRUCTURE

UK Deputy Prime Minister Nick Clegg

visiting Bishopstoke plant

in November 2014.

(in millions of Euro)

(*) The previously published prior year comparative figures have been restated following the introduction of IFRS 10 and IFRS 11 and a new method of classifying

the share of net profit (loss) of associates and joint ventures.