Pirelli CEO-designate Giorgio Bruno to leave the company
ROME (Reuters) – Giorgio Bruno, who was the designated new CEO of Italian tyremaker Pirelli, is leaving the company, shareholder Camfin said on Tuesday, confirming earlier press reports. Camfin, the holding company…
Pirelli sees scope for higher 2023 revenues after strong results
(Reuters) – Italian tyremaker Pirelli said on Wednesday it expects revenues this year of some 6.6-6.8 billion euros, at least in line with the better-than-expected figure for 2022. Revenues at the group…
Pirelli raises sales target as pricing power offsets inflation
MILAN – Strong pricing power and cost savings will help Pirelli offset economic challenges, the Italian tyremaker said on Thursday as it beat second-quarter operating profit expectations and raised its full-year revenue…
Pirelli puts brake on Russian activities
ROME – Italy’s Pirelli said on Thursday it had halted investments in Russia, excluding those linked to security, and that the activity of its factories in the country would be curtailed. “Pirelli…
Pirelli taking steps to counter higher costs, Ukraine crisis
MILAN -Italian tyremaker Pirelli on Wednesday reassured it was taking steps to offset higher costs as well as the impact of the crisis in Ukraine, and had a contingency plan ready were…
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