- Projects earnings growth from power cables, flexible oil pipes
- Says dividends to rise this year
- Adds to maintain payout ratio of 25% of annual profit
- Seeks partner in Middle east for smaller acquisitions

Other headlines for [PRY.IT]

• PRY.IT 11/7/2008 09:09am
  Prysmian Spa Reports Q3 Net €43M v €87M y/y, Rev €1.29B v €1.29B y/y- 9-month Net €233M v €236M y/y - 9-month Rev €3.95B v €3.88B y/y - Confimrs FY08 EBITDA forecast of €550M
  
• PRY.IT 10/8/2008 01:53am
  Prysmian Spa Authorizes 4M share buyback program (2.2% of shares outstanding)
  
• PRY.IT 10/2/2008 10:00am
  Prysmian Spa Trading suspended limit down
  
• PRY.IT 9/30/2008 02:22am
  Prysmian Spa Royal Bank of Scotland Cuts PRY.IT to Hold from Buy
  

Telecom sector headlines

• TEF Today 03:39am
  Telefonica S.A. (ADR) CFO: Had discussions with German broadband operators - conf call- Says discussions did not go too far - Was looking to acquire a broadband operator
  
• CPW.UK Today 02:55am
  Carphone Warehouse Societe Generale Cuts CPW.UK to Sell from Buy
  
• GLW Yesterday 10:18pm
  Corning Inc. May reduce its headcount in Taiwan and Japan - Commercial Times- Follow Up: The company said it will halt its Taiwan LCD expansion plans and production. Also, the company said it plans to fire 200 more...
  
• CHA Yesterday 09:55pm
  China Telecom Corp. Ltd. Oct fixed line users down 1.09M v 630K decline in Sept; Oct broadband users +700K v +730K m/m- No further details at this time
  
• CHL Yesterday 08:13pm
  China Mobile (Hong Kong) Ltd. Added 7.194M subscribers in October v 7.25M m/m- It had 443.3M subscribers at end-October.