A part of our strategic approach to customer satisfaction is "Factory Reliability", a process that improves the reliability of planning, the execution of output (including response times), and strict control over inventory for every type of component.

We also run "Supply chain integration projects" with some of our most important global customers to improve processes throughout the entire supply chain – from the producers of raw materials through to the end user.

Our "Fast Order Entry" project has halved the time taken to enter and process orders, vastly improving our lead-time flexibility, timeliness and efficiency across our logistics operations.

It means we always put our customers at the centre of our strategic, organisational and business choices.
It means we apply flexibility across the entire supply chain to accelerate time to market and adapt to the needs of various industries.
It means we’re committed to analysing and anticipating customer expectations and their evolution over time.
It means that we satisfy our customers’ needs thanks to a constant presence – from product design to delivery – and provide a level of service that is always monitored against agreed parameters and specific standards. And that translates into rapid, effective and targets responses.

The economic value generated by Prysmian in 2015, net of reclassified costs, amounted to 1,580 million euro or about 21% of consolidated sales. The largest part of this value is represented by the remuneration of human resources (63%), followed by the remuneration of lenders, shareholders and minority interests and the Public Administration (6%), and by roughly 225,000 euro in community contributions. The remainder (19%) represents the value retained by the business.

Awards and recognition
 

It is always a great honour to be recognised by partners, peers and the industries in which we operate for our commitment to economic and financial responsibility. And while awards aren't the reason for our efforts in this area, they are a clear indicator of our ongoing drive to meet the highest possible standards of responsible operations.

We are diligent in the creation of economic value and its fair transmission to our stakeholders. Group wealth is distributed in the following ways:

 

  • Remuneration of human resources
    • Direct remuneration, comprising wages, salaries and severance indemnities
    • Indirect remuneration in the form of social security and pension contributions)
  • Remuneration of lenders (interest expense)
  • Remuneration of Group shareholders (dividends paid) and other investors remuneration of the Public Administration (total taxes paid), gifts and donations to the community

The value retained by the Group is represented by the profit reserves carried forward.

 

We conduct over 400 meetings yearly

WITH THE FINANCIAL MARKETS

Our quarterly data is always relayed personally to institutional investors, financial analysts and specialist media representatives.
Prysmian promptly informs shareholders and potential shareholders of any decisions likely to have a material impact on their investment.
You can find out more in our dedicated Investor Relations section.