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INVESTOR RELATIONS
Over 400 meetings in the major financial centres of Europe, America and Asia. Conduct and
procedures designed to give credibility to market communication flows.
Creating value for shareholders, and other stakeholders,
is a key priority for Prysmian as part of its commitment to
accuracy, clarity and transparency in the communication of
business strategy, objectives and results. The Group’s actions
and procedures are designed to provide the market with
credible information, thus boosting market confidence and
encouraging a long-term investment approach. The Group
seeks to avoid unequal access to information and to ensure
effective compliance with the principle that all investors
and potential investors have the right to receive the same
information in order 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 representatives 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.
Contact with the financial market was particularly intense in
2013, involving more than 400 one-to-one or group meetings
at the Company’s offices, roadshows in the major financial
centres of Europe, North America and Asia, as well as
participation at conferences organised by major international
brokers. In particular, the increasing attention paid to the
Group’s activities by socially responsible investors (SRI) was
confirmed by their growing number at SRI dedicated meetings
and road shows in Paris, London and Zurich. The Group also
organised several visits during the year for institutional
investors and financial analysts to see its production facilities
in Europe, the USA and Asia, in order to give them a more
detailed knowledge of its products and production processes.
Coverage of the Prysmian stock remained very high and
geographically diversified, even though the equity research
sector continued its process of consolidation during the year,
both in Italy and worldwide. There are now 23 independent
analysts who regularly cover the Prysmian stock (25 at the end
of 2012): 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
with its recently updated graphics
and contents, which contains recordings of conference calls
and presentations 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 shareholders’ 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:
Investor Relations Office
+39 02 6449 1
Luca Caserta - Investor Relations Director
+39 02 6449 51400
