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%.
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Prysmian Raises 2026 Guidance, Sees 2028 Target Two Years Early
Prysmian raised its 2026 guidance and said it sees its 2028 target being reached two years early.
Prysmian Raises 2026 Guidance
U.S. crude slips after EIA reports 3.2 million-barrel draw
U.S. benchmark crude edged lower after the EIA reported a 3.2 million-barrel withdrawal in commercial crude oil stocks last week. Gasoline inventories rose 382,000 barrels and distillate stocks fell 42,000 barrels.