Page 8 - Price Sensitive News Today : Breaking News, Live Updates & Top Stories | Vimarsana

PIRELLI & C. SPA BOARD APPROVES CONSOLIDATED RESULTS TO 31 MARCH 2021 corporate-investors HIGH VALUE STRENGTHENED, +33.3% CAR VOLUMES ≥ IMPROVED CASH FLOW COMPARED WITH FIRST QUARTER 2020 Revenues: 1,244.7 million euro, an increase of 18.4% compared with first quarter 2020 (organic variation +24.5%). High Value revenues reach 72.6% of total revenues, +3 basis points compared with the first quarter of 2020 Total volumes grew 22.2%: +33.3% Car volumes ≥ ≥ 19” (market +26%) Price/mix +2.3% in first quarter 2021 (-1.3% in the first quarter 2020) thanks to the over-performance of High Valu...

Milan, 14 April 2021 – The minutes of the ordinary and extraordinary shareholders’ meeting of Pirelli & C. SpA, which took place on March 24, 2021, are available to the public from today at the Company’s registered office, as well as at Borsa Italiana S.p.A. and on the website of the authorized storage mechanism eMarket Storage (www.emarketstora...

2021-2022 | 2025 INDUSTRIAL PLAN 2021-2022 | 2025 INDUSTRIAL PLAN TWO-PHASE PLAN: IN 2022 RETURN TO PRE-COVID 2019 VALUES, IN 2025 LEADER IN HIGH VALUE SPECIALTIES WITH ELEVATED CASH GENERATION CENTRALITY OF HIGH VALUE CONFIRMED WITH FOCUS ON TYRES ABOVE 19 INCHES, SPECIALITIES AND ELECTRIC IN ORIGINAL EQUIPMENT CUSTOMER BASE SELECTIVE GROWTH, IN REPLACEMENT CAPITALISATION OF THE HOMOLOGATIONS PULL-THROUGH PRESENCE IN NEW MOBILITY WITH TYRES FOR ELECTRIC VEHICLES, SENSOR-FITTED, AND CYCLING INVESTMENTS: IN THE 2-YEAR PERIOD 21-22 BETWEEN ~710 AND ~730 MILLION EURO ESSENTIALLY FOR TECHNOLOGICI...

PIRELLI: DOCUMENTATION FOR SHAREHOLDERS’ MEETING CALLED FOR 24 MARCH 2021 PUBLISHED Cooling tower in Milan headquarters building Cooling Tower in Milan Headquarters building Milan, 2 March 2021 – Pirelli & C. S.p.A. announces that the opinion of the auditing firm on the appropriateness of the issue price of the shares - to be exclusively reserved for the conversion of the equity-linked bond denominated “EUR 500 million Senior Unsecured Guaranteed Equity-linked Bonds due 2025” - related to the capital increase with the exclusion of the shareholders’ option rights, on the extraordinar...

BOARD OF DIRECTORS OF PIRELLI & C SPA REVIEWED PRELIMINARY RESULTS FOR YEAR ENDED 31 DECEMBER 2020 Fourth quarter 2020 (-6.1% including forex effect) Adjusted Ebit: 220.8 million euro (232.3 million in 4Q 2019), Adjusted Ebit margin at 18.3% an improvement from 18.1% in 4Q 2019 Net result: +60.5 million euro (+72 million in 4Q 2019) Cash flow before dividends positive 994.1 million euro (+973 million in 4Q 2019) Full year 2020 Revenues: 4,302.1 million euro, with an organic variation of -14.1% (-19.2% including forex effect) because of the fall in demand, particularly in the first half Adjust...