BIT:PRYElectrical
Prysmian (BIT:PRY) Stock Slides Even As Margins And AI Wins Strengthen
Prysmian stock has been under pressure in recent weeks, with the share price down over the past month even before this earnings release. That creates a sharp time horizon split for investors. Q2 put hard numbers on the table for the cable maker, with revenue at €6,059m and basic earnings per share at €1.05. The headline is margin strength. Trailing net profit margin sits at 6.4% compared with 3.9% a year earlier, and that improvement is now central to how the market prices Prysmian’s longer...