CONSOLIDATED FINANCIAL STATEMENTS >
DIRECTORS’ REPORT
56
| 2013 ANNUAL REPORT | PRYSMIAN GROUP
TRADE & INSTALLERS
The product range has been further expanded to satisfy demand for infrastructure cabling in
airports, ports and railway stations.
The Prysmian Group produces a comprehensive range of
rigid and flexible low voltage cables for distributing power
to and within residential and commercial buildings, always
in full observance of international standards. 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 specified
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.
(*) The pro-forma figures are calculated by aggregating the Draka Group’s results for the two-month pre-acquisition period (January-February)
with the consolidated figures.
(in millions of Euro)
2013
2012
% change
% organic
2011 (*)
sales change Pro-forma
Sales to third parties
1,914
2,159
-11.3%
-4.3% 2,233
Adjusted EBITDA
72
77
73
% of sales
3.7%
3.6%
3.3%
Adjusted operating income
47
49
35
% of sales
2.4%
2.3%
1.6%
