Massimo Battaini - Prysmian SpA Head of Business Energy Projects

AEU Stock  EUR 57.44  0.60  1.03%   

Executive

Mr. Massimo Battaini serves as Executive Director of the Company and North America CEO. He was Senior Vice President Business Energy Project, Executive director at Prysmian S.p.A. January 2014. He has a degree in Mechanical Engineering from the Polytechnic University of Milan and an MBA from SDA Bocconi. He started his career in the Pirelli Group in 1987 and held various positions in RD and Operations over an 18year period. After running the Business Development department between 2000 and 2002 covering the three Business Divisions of Tyres, Energy Cables and Telecom Cables, he was appointed as Operation Director of Pirelli Cavi e Sistemi Energia and Telecom. In 2005, he was appointed as CEO of Prysmian UK and in January 2011 Chief Operating Officer of the Group, a post he held until 2014, when he became Business Energy Projects Manager and Chairman and CEO of Prysmian PowerLink S.r.l., He remained in this role until the end of June 2018. Since then he assumed the role of North America CEO. He was a member of the Prysmian Board of Directors since February 2014. He was elected to his current position by the Shareholders Meeting on 12 April 2018 from the slate submitted by the Board of Directors, which obtained the majority of votes.Luigi Bocconi of Milan. since 2018.
Age 62
Tenure 7 years
Professional MarksMBA
Phone39 02 64491
Webhttps://www.prysmiangroup.com

Prysmian SpA Management Efficiency

The company has return on total asset (ROA) of 0.0418 % which means that it generated a profit of $0.0418 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1419 %, meaning that it generated $0.1419 on every $100 dollars invested by stockholders. Prysmian SpA's management efficiency ratios could be used to measure how well Prysmian SpA manages its routine affairs as well as how well it operates its assets and liabilities.
Prysmian SpA has accumulated 2.45 B in total debt with debt to equity ratio (D/E) of 133.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Prysmian SpA has a current ratio of 1.25, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Prysmian SpA until it has trouble settling it off, either with new capital or with free cash flow. So, Prysmian SpA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Prysmian SpA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Prysmian to invest in growth at high rates of return. When we think about Prysmian SpA's use of debt, we should always consider it together with cash and equity.

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Prysmian S.p.A. produces, distributes, and sells cables and systems, and related accessories for the energy and telecommunications industries worldwide. The Telecom segment manufactures cable systems and connectivity products comprising optical fiber, optical cables, connectivity components and accessories, optical ground wires, and copper cables used in telecommunication networks. PRYSMIAN S operates under Communication Equipment classification in Germany and is traded on Frankfurt Stock Exchange. It employs 29394 people. Prysmian SpA (AEU) is traded on Frankfurt Exchange in Germany and employs 30,819 people.

Management Performance

Prysmian SpA Leadership Team

Elected by the shareholders, the Prysmian SpA's board of directors comprises two types of representatives: Prysmian SpA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Prysmian. The board's role is to monitor Prysmian SpA's management team and ensure that shareholders' interests are well served. Prysmian SpA's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Prysmian SpA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Alessandro Nespoli, Chief Officer
Massimo Battaini, Head of Business Energy Projects
Lorenzo Caruso, Chief Officer
Valerio Battista, CEO, Executive Director, General Manager
Maria Bifulco, Head of Investor Relations
Stefano Brandinali, Chief Officer
Andrea Pirondini, CEO Director
Fabrizio Rutschmann, Chief Officer
Stefano Bulletti, Head Departments
Pier Facchini, CFO, Executive Director

Prysmian Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Prysmian SpA a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Information on Investing in Prysmian Stock

Prysmian SpA financial ratios help investors to determine whether Prysmian Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Prysmian with respect to the benefits of owning Prysmian SpA security.