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IR Policy

Creating value for shareholders, and other stakeholders, is a key priority for Prysmian as part of its commitment to accyracy, clarity and transparency in the communication of Company strategy, objectives and results.

The Group’s behaviour and procedures are to provide the market with the credibility which stands at the base of a long term investment approach, and to avoid disparity of treatment in the disclosure of information and ensure effective compliance with the principle that all investors and potential investors receive the same information, allowing them to make sound investment decisions. More specifically, when publishing its quarterly data, the Company organizes conference calls with institutional investors and financial analysts and also invites industry press representatives to take part. In addition, the Company promptly informs its shareholders and potential shareholders of any action or decision that could have a material impact on their investment. Relations with the financial market were particularly intense in 2008, involving more than 300 meetings held at the Group's offices, roadshows in the major financial centres of Europe and North America, as well as participation at conferences organised by the main international brokers.

Coverage of the Prysmian stock increased significantly during the year, confirming growing interest by national and international financial markets in the Company. Eighteen independent analysts regularly cover the Prysmian stock: Banca Aletti, Banca Akros, Banca Leonardo, Banca IMI, Cheuvreux, Citigroup, Dresdner Kleinwort, Equita, Exane BNP Paribas, Execution Ltd, Goldman Sachs, Intermonte, JP Morgan, Mediobanca, Merrill Lynch, Natixis, Royal Bank of Scotland and UniCredit HVB.

The Investor Relations office has also maintained constant contact with institutional investors through its website which hosts audio/video recordings of the conference calls and presentations to the financial community, as well as presentation documents and press releases published by the Company. The Investor Relations section of the website also includes the financial calendar and information on corporate governance and the stock.

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