BIT:PRYElectrical
Why Prysmian (BIT:PRY) Is Up 9.1% After EIB Funding And Xtera Deal News - And What's Next
Prysmian S.p.A. has recently reinforced its position with an 80%‑owned joint venture to acquire Xtera in 2026, a €300 million European Investment Bank financing package, and a recycling partnership targeting the repurposing of 60% of its plastic scrap.
Alongside these moves, Prysmian reported about €5 billion in quarterly revenue on 11% year‑over‑year growth and an improved 8% operating margin over the last twelve months, underlining a mix of growth, efficiency and sustainability...