Prysmian’s Post

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Prysmian S.p.A. informs that it has been assigned an investment grade rating by S&P Global Ratings. The Group received a BBB- long-term issuer credit rating with a stable outlook. “The investment grade rating is a very important achievement and a further confirmation of the financial solidity of Prysmian Group. This step is even more meaningful in the current financial markets, with ongoing inflationary pressure and a much higher level of interest rates, and represents a further enabler of our strategy of sustainable growth”, stated Chief Financial Officer Pier Francesco Facchini. Prysmian Group growth strategy is underpinned by structural drivers such as the growing electrification, the accelerating transition to renewable sources and the roll-out of fiber networks, contributing to the growth of most of its business segments. Read the full press release at https://lnkd.in/e279kvZK

Prysmian: S&P Global Ratings assigns investment grade rating

Prysmian: S&P Global Ratings assigns investment grade rating

prysmiangroup.com

CAHIT ARSLAN

Oil and Gas Specialist

11mo

We are investing in PRKAB shares in your factory located in Turkey. Your investors have been experiencing losses for approximately 2 years. Your Turkish board of directors has been complicit in these speculations by sending auction notifications to the Public Disclosure Platform (KAP) to attract investors, and by assisting Hikmet Yurtbay, who is involved in speculation in Turkey and has received penalties from Borsa Istanbul and the Capital Markets Board, to become the owner of millions of lots in the shares. According to Hikmet Yurtbay's statements, "No speculator can increase the value of shares without reaching an agreement with the major shareholder or the board of directors." The person engaged in speculation has admitted to the offense. Although we do not want to believe it, unfortunately, there is a general belief among your investors that this is the case. The famous and penalized speculator also attended the Annual General Meeting held in 2021. Following this increase and subsequent decline, your shares have experienced a close to 500% loss for your investors. When taking into account the country's inflation, your investors have suffered significant losses. After this decline, almost none of the projects and auctions related to this period have been disclosed to the Public Disclosure Platform (KAP). Please announce a buyback plan to protect your investors and disclose your activities and the auctions you have obtained to the KAP. Stand by and protect your investors.

Oleg Barinov

Development engineer

11mo

Congrats! Nice work!

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