Brief: Prysmian Sees Cumulative Revenues Of €10 Bln With Hyperscalers By 2035
20/07/2026 06:04
BRIEF-Prysmian Sees Cumulative Revenues Of €10 Bln With Hyperscalers By 2035 July 20 (Reuters) - Prysmian SpA PRY.MI:
SIGNS 10-YEAR AGREEMENT WITH MOLEX WORTH UP TO €5.5 BILLION INCLUDING €550 MILLION ADVANCE
EXPECTS CUMULATIVE REVENUES OF €10 BILLION WITH HYPERSCALERS BY 2035
EXPECTS ANNUAL REVENUES UP TO €1.1 BILLION FROM 2031
TO MORE THAN DOUBLE FIBER PRODUCTION CAPACITY IN THE UNITED STATES
TO INVEST €1.25 BILLION TO INCREASE PRODUCTION CAPACITY BY 2031
INVESTMENT TO CREATE OVER 1000 NEW JOBS GLOBALLY, INCLUDING 600 IN THE UNITED STATES
Further company coverage: PRY.MI
(Gdansk Newsroom)
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