52 Week Range
As of on the Italian SE (Mercato Continuo Italia) ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
Dividend (Yield %)
Pirelli Says Sinochem Group And Chemchina Plan Strategic Restructuring
Pirelli CEO says business plan postponed due to worsening market
Pirelli 9-Month Adj. EBIT Without Start-Up Costs At EUR 714.4 Mln
Pirelli & C SpA is an Italy-based company. It is a tire player. The Company is the global player focused on the consumer tire market, which includes tiers for cars, motorcycles and bicycles. The tire activity consists of two main segments: the Consumer segment focuses on tires for consumer cars, motor vehicles, sports utility vehicles (SUVs), light commercial vehicles and motorcycles; and the Industrial segment, manufacturing tires for buses, heavy trucks and agricultural machinery. Its products are used by car maker partners such as Bentley, Aston Martin and Porsche, among others. Through its subsidiaries Pirelli & C. Eco Technology SpA, Pirelli & C. Ambiente SpA and PZero Srl, it is active in emissions control technologies, renewable energy sources and fashion. In addition, Pirelli & C SpA focuses on the partnerships with car and motorcycle manufacturers, technological innovation and wide portfolio of performance and customized products.
Viale Piero e Alberto Pirelli n. 25
Non-Executive Chairman of the Board
Marco Tronchetti Provera
Chief Executive Officer, Executive Vice-Chairman
Chief Financial Officer, Executive Vice President
Chief Human Resource Officer and Organization Officer, Executive Vice President
Executive Vice President, Chief Planning and Controlling Officer
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Price To Sales (TTM)
Price To Book (MRQ)
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Italian tyre-maker Pirelli <PIRC.MI> on Tuesday cut its guidance on operating profit margin and cash flow, and said it would delay the presentation of its new business plan as it needed to work out stronger measures in a worsening market scenario.
Pirelli <PIRC.MI> shareholder Camfin said on Wednesday its board had renewed an authorization to buy up to 5% of the tyre-maker's shares.
Italian tiremaker Pirelli <PIRC.MI> cut its revenue guidance for the second time this year, joining a string of suppliers hit by a broader auto industry downturn during the last quarter.
Chinese chemicals group ChemChina has committed to retaining its major stake in tyre-maker Pirelli until 2023, extending a shareholder agreement that ensures it and allied investors maintain control of the Italian firm.
Italian investment vehicle Camfin and Pirelli's Chinese shareholders, led by state-owned ChemChina, have reached an agreement to renew to 2023 a shareholder agreement for control of the Italian tyre-maker.
Italian tyremaker Pirelli cut its guidance for full-year sales on Tuesday due to a prolonged weakness in the original equipment segment, though adjusted operating profit matched forecasts in the first quarter.
Italian tiremaker Pirelli on Thursday posted an 8.2 percent increase in 2018 adjusted operating profit before start-up costs as a shift towards higher margin tires and cost cuts helped offset rising raw materials costs and currency swings.
Pirelli shareholder Long Term Investments (LTI) has entered into a repurchase agreement with SOVA Capital Limited regarding its entire 6.239 percent stake in the Italian tyremaker, the Luxembourg-based fund said on Wednesday.
Pirelli has signed a new four-year deal to remain Formula One's sole tyre supplier until the end of the 2023 season, the sport announced in a statement on Sunday.
Italian tyremaker Pirelli on Wednesday posted a 7.5 percent increase in nine-month adjusted operating profit before start-up costs as a better product mix and efficiencies helped offset higher raw materials costs and currency fluctuations.
* SAID ON FRIDAY THAT IT SOLD ITS CAR TYRE FACTORY IN GUACARA, VENEZUELA, AND ALL THE ACTIVITIES HELD IN THE COUNTRY
Manufacturer Pirelli <PIRI.UL> said on Friday it had ceased operations in Venezuela, selling its car tire factory for an unspecified amount and adding to the flood of foreign businesses abandoning the crisis-wracked country.
About 100 workers protested outside tire manufacturer Pirelli's Venezuela plant on Monday after finding the gates locked, ten days after the country announced a broad set of reforms including a massive hike in the minimum wage.
Tyre-maker Pirelli said on Wednesday it did not see any significant changes in the tyre market that could impact its forecasts for the current year.
Italian tiremaker Pirelli <PIRC.MI> on Tuesday posted a 6.8 percent rise in first-half adjusted operating profit before start-up costs as a better product mix and efficiencies helped offset higher raw materials costs and currency fluctuations.
Italy's Pirelli <PIRC.MI> stuck to its full-year profit outlook after operating income in the first three months rose 4.5 percent, lifted by strong demand for high-margin premium tyres.
Italy's Pirelli on Monday reported a 4.5 percent rise in first-quarter adjusted operating profit before charges and start-up costs, helped by strong demand for high-margin premium tyres.
Pirelli's Russian shareholder Long Term Investments (LTI) will not sell its stake in the Italian tyre company when a lock-up period ends in early April, the fund's chief executive told Reuters.
Pirelli's Russian shareholder Long Term Investments (LTI) will not sell its stake in the Italian tyre company when a lock-up period ends in early April, the fund's chief executive told Reuters on Wednesday.
* TO FULLY BUY BACK BOND "PIRELLI INTERNATIONAL PLC €600,000,000 1.750 PER CENT. GUARANTEED NOTES DUE 18 NOVEMBER 2019"
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.