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PRYSMIAN GROUP | DIRECTORS’ REPORT
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REVIEW OF ENERGY PRODUCTS OPERATING SEGMENT
(*)
The originally published 2013 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.
The Energy Products Operating Segment, encompassing the businesses offering a complete and innovative
product portfolio for a variety of industries, is organised into the businesses of Energy & Infrastructure
(including Power Distribution, Trade & Installers) and Industrial & Network Components (comprising
Specialties & OEM, Oil & Gas, Elevators, Automotive and Network Components).
Sales to third parties by the Energy Products operating segment amounted to Euro 4,665 million in 2015,
compared with Euro 4,491 million in 2014, posting a positive change of Euro 174 million (+3.9%), due to the
combined effect of the following main factors:
increase of Euro 53 million (+1.2%) due to organic sales growth, reflecting volume recovery in
Europe, North America, Argentina and Oceania, partially offset by negative organic growth in Brazil;
increase of Euro 193 million (+4.3%) for exchange rate fluctuations;
sales price reduction of Euro 72 million (-1.6%) for metal price fluctuations.