Our Strategy: Accelerating Growth
Prysmian is an organization comprised of people united by a desire to connect the world and lead the energy and digital transition with responsibility and a forward-looking vision.
As the global leader in energy and digital connections, Prysmian is transforming itself from a cable manufacturer into a provider of high-value integrated solutions. Since its inception, the company has reinforced its leadership through strategic acquisitions, including Draka in 2011, General Cable in 2017, and Encore Wire in 2024, one of the leading manufacturers of power cables in the United States. In 2025, Prysmian further expanded its role as a solutions provider by acquiring Channell, a prominent American company specializing in connectivity solutions.
Our strategic plan, titled "Accelerating Growth," clearly defines Prysmian’s goal of evolving from a cable manufacturer into a global solutions provider. It emphasizes our commitment to sustainability-driven innovation as a key driver for future growth. Prysmian aims to enhance its position as a global leader while simultaneously creating value for customers and stakeholders. The company is focused on seizing opportunities that arise from energy transition, energy security, electrification, decarbonization, and digitalization.
Strategic Pillars
- Global Leadership and Growth: This is driven by organic development and strategic acquisitions, including Draka, General Cable, Encore Wire, Warren & Brown, and Channell, to strengthen Prysmian's market position.
- Sustainable Innovation: This involves developing advanced technological solutions for more efficient and resilient energy and digital infrastructure.
- Reshaping Our Business Model: We are transforming from a cable manufacturer to a global solutions provider.
- Integrated Sustainability: Our environmental and business objectives are fully integrated into our strategic plan.
Sustainability Targets for 2028
Financial Targets for 2028
