Prysmian Reports Record Q3 EBITDA and Raises 2026 Guidance
Adjusted EBITDA rose 32.1% year over year and exceeded consensus expectations. Revenue increased from the year-earlier quarter, with organic growth of 13.1%.
Prysmian S.p.A. reported a record adjusted EBITDA of 851 million euros for the third quarter of 2026, representing a 32.1% year-over-year increase and exceeding consensus expectations of 793 million euros. Quarterly revenues rose to 6.41 billion euros from 5.03 billion euros in the same period last year, driven by organic growth of 13.1%. Following these results, the company has raised its full-year 2026 guidance, aiming to reach its 2028 strategic targets two years ahead of schedule.
The performance was supported by strong results across several business segments, including Industrial & Construction and Digital Solutions.