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Prysmian Group ■ ■ ■ RESULTS FOR THE FIRST NINE MONTHS OF 2021 RECOVERED SHARPLY PRESS RELEASE RECORD ORDER BOOK AT € 4 BILLION ORDER INTAKE AT € 2.3 BILLION YTD , WITH AN ACCELERATION IN THE USA SALES AT € 9,294M , ORGANIC GROWTH AT + 11.4 % ¹ vs 9M 2020 ( + 1.5 % vs 2019 ) TREND ACCELERATED IN Q3 , WITH + 13.2 % ORGANIC GROWTH ADJUSTED EBITDA JUMPED TO € 725M ( + 12.1 % ) ENERGY ADJ EBITDA SIGNIFICANTLY ABOVE 2019 PRE - PANDEMIC LEVELS GROUP'S NET PROFIT UP SOARED TO € 255M ( + 82.1 % ) ACCELERATION TO NET ZERO : CO₂ EMISSION TARGET INCREASED IN THE LTI PLAN Linking the Future CONFIDENT OF ACHIEVING HIGH - END OF THE FY2021 ADJ EBITDA RANGE ( € 920M- € 970M ) Milan , 11/11/2021 . The Board of Directors of Prysmian S.p.A. has approved today the Group's consolidated results for the first nine months of 2021 . FINANCIAL RESULTS " The results for the first nine months of 2021 confirmed we have returned to pre - pandemic levels , " commented Chief Executive Officer Valerio Battista . " The recovery was positive across all businesses at a global level , with signs of further improvement in the third quarter . In particular , the Energy segment continued to show resilience and good recovery capacity . Telecom improved as well , driven by the demand recovery , chiefly in the USA , and by a better demand - supply balance in China . Projects resumed positive organic growth , with projections for a strong recovery in the fourth quarter . The strong organic sales growth was accompanied by a marked increase in Adjusted EBITDA and an improvement of margins , achieved also thanks to our customer focus and operating efficiencies that limited the impact of the increase in raw material prices and shipping costs . The recent mega projects in the United States have brought the total value of projects acquired year - to - date to € 2.3 billion , confirming the leading role our Group is playing in the energy infrastructure development and upgrade plans . Although we confirm the prudence inherent in our management approach , I am confident we will be able to achieve the high end of the Adjusted EBITDA target range ( € 920 million- € 970 million ) set for FY 2021 " . 1 Excluding the Projects segment . 2 + 10.0 % including the Projects segment . Group Sales amounted to € 9,294 million , showing a + 11.4 % organic change compared to the first nine months of 2020 , excluding the Projects segment² , with a sharp recovery across all businesses and in almost all geographical areas . The sales growth trend was solid enough to also exceed pre - pandemic levels , with a + 1.5 % organic change compared to the first nine months of 2019. This trend was also confirmed by the acceleration reported in Q3 2021 , when sales showed a + 13.2 % organic change compared to the same period of 2020. In particular , the Energy segment confirmed the resilience and growth potential it had shown in 2020. The Telecom segment also recovered , mainly driven by the demand for optical cables in the USA . The This press release is available on the company website at www.prysmiangroup.comand in the mechanism for the central storage of regulated information provided by Spafid Connect S.p.A. at www.emarketstorage.com