Prysmian S.p.A. FY 2011 Results

Sales up (+11.2%); Order book climbs to €2.3 Billion (Feb. 2012)
Adj Ebitda increases to €568 M. Strong cash generation (combined cash flow €209 M)
Net financial position/Adj.Ebitda down to 1.8x
Synergies from Draka integration in line with expectations

The full-year 2011 results consolidate Draka for the period March-December 2011
• Sales: €7,583 Million (organic change +11.2%)
• Adj Ebitda : €568 Million (€387 Million in 2010)
• Adj operating income : €426 Million (€309 Million in 2010)
• Adj net profit : €231 Million (€173 Million in 2010)

• Net result: negative €145 Million after €205 Million provision for antitrust investigations
• Net financial position: €1,064 Million (€459 Million at 31/12/10; €1,389 Million at 30/9/11)

The Board of Directors of Prysmian S.p.A. has approved today the Company’s consolidated financial statements and separate financial statements for 2011.

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