59 348
59
2014
2013 (*)
Change %
% organic
2012 (*)
sales
change
Sales
1,708
1,788
-4.4%
-0.3%
1,849
Adjusted EBITDA before share of net profit/(loss)
of equity-accounted companies
125
141
-11.1%
154
% of sales
7.4%
7.9%
8.3%
EBITDA Adjusted
126
141
-11.1%
154
% of sales
7.4%
7.9%
8.3%
Adjusted operating income
100
116
-14.8%
126
% of sales
5.9%
6.5%
6.7%
The extensive range of cables developed specially for
certain industries is characterised by the highly specific
nature of the solutions offered. In the transport market,
Prysmian cables are used in the construction of ships and
trains, and in the automotive and aerospace industries; in
the infrastructure market, the principal applications for
its cables are found in railways, docks and airports. The
product range also includes cables for the mining industry,
for elevators and for applications in the renewable energy
field (solar and wind power), cables for military use and
for nuclear power stations, able to withstand the highest
radiation environments.
The range of products for the Oil & Gas industry includes low
and medium voltage power cables, and instrumentation and
control cables for use in the oil and petrochemicals industry
(offshore platforms, onshore extraction facilities, refineries,
chemical plants for fertilizer production, and so on).
Lastly, the Group produces accessories and network com-
ponents, such as joints and terminations for low, medium,
high and extra high voltage cables and submarine systems,
to connect cables with one another and/or connect them
with other network devices, suitable for industrial,
construction and infrastructure applications and for use
within power transmission and distribution grids.
(*) 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.
INDUSTRIAL & NETWORK COMPONENTS
(in millions of Euro)