Articles tagged with 'Finance' | Pirelli

Newsroom Pirelli (Finance)

2020
11
November
2020
| 17:50 Europe/Amsterdam
HIGH VALUE VOLUMES +3.9% (CAR NEW PREMIUM +5.3%), ADJUSTED EBIT AT 213.7 MILLION EURO WITH MARGIN AT 16.7%, NET CASH FLOW POSITIVE (12.2 MILLION EURO) THANKS TO SIGNFICANT REDUCTION OF INVENTORIESIMPACT OF COVID ON NINE MONTHS RESULT MITIGATED BY EFF...
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28
October
2020
| 15:25 Europe/Amsterdam
NO ECONOMIC IMPACT, NET CASH FLOW TARGET IN LOWER PART OF RANGE IF FINE PAID THIS YEAR PIRELLI ASSOCIATED ONLY BECAUSE OF THE PRINCIPLE OF “PARENTAL LIABILITY” EVEN THOUGH IT DID NOT TAKE PART IN THE ACTIVITIES OF THE CARTEL Milan, Oct. 28, 202...
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30
September
2020
| 19:22 Europe/Amsterdam
Milan, 30 September 2020 – In compliance with the Regolamento Emittenti (Issuers’ Regulation) approved by Consob with resolution 11971/99 (“RE”) the following is attached: - extract ex art. 130 RE of the Renewal of the New Shareholders’ Agreement ...
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21
September
2020
| 16:15 Europe/Amsterdam
THE PRINCIPLES REGARD THE FOLLOWING AREAS: SDG IMPACT AND MEASUREMENT, INTEGRATED SDG STRATEGIES AND INVESTMENT, INTEGRATED CORPORATE SDG FINANCE AND INTEGRATED SDG COMMUNICATION AND REPORTING THE COMPANY, THE ONLY TYRE COMPANY INCLUDED, CONFIRMED...
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05
August
2020
| 17:50 Europe/Amsterdam
EFFICIENCIES AND COST REDUCTIONS, IN LINE WITH YEAR’S TARGETS, LIMITED COVID-19 IMPACT ON HALF YEAR RESULTS CASH ABSORPTION SUBSTANTIALLY ZERO IN THE 2nd QUARTER THANKS TO SIGNIFICANT REDUCTION OF INVENTORIES The Pirelli & C. S.p.A. Board of Di...
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15
July
2020
| 08:05 Europe/Amsterdam
Milan, 15 July 2020 – To support the execution of the integrated business model and achievement of the relative targets, the Executive Vice Chairman and CEO, Marco Tronchetti Provera, has decided to propose to the Board of Directors meeting scheduled...
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18
June
2020
| 13:01 Europe/Amsterdam
2019 ANNUAL REPORT APPROVED, INCOME FULLY CARRIED FORWARD NEW BOARD OF DIRECTORS NOMINATED, NING GAONING CHAIRMAN REMUNERATION POLICY FOR 2020 AND NEW LTI PLAN APPROVED FAVORABLE VOTE ON COMPENSATIONS PAID IN 2019 Milan, 18 June 2020 – Th...
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05
June
2020
| 11:01 Europe/Amsterdam
Milan, 5 June 2020 – Pirelli, in cooperation with the San Raffaele Hospital and with the support of Università degli Studi of Milan- the Luigi Sacco Department of Biomedical Sciences and Clinic, will from next week offer the group’s roughly 3,100 emp...
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14
May
2020
| 19:16 Europe/Amsterdam
Milan, 14 May 2020 – In compliance with the requirements of article 129 of the Regolamento Emittenti Consob 11971/99, attached is the announcement which will be published tomorrow (15 May 2020), by the signatories, in the daily newspaper “MF”. It rel...
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13
May
2020
| 17:52 Europe/Amsterdam
RESULTS FOR THE QUARTER IMPACTED BY COVID-19 EMERGENCY PROFITABILITY SUPPORTED BY EFFICIENCIES AND ACTIONS ON COSTS CASH FLOW SUBSTANTIALLY IN LINE WITH Q1 2019 Board of Pirelli & C. S.p.A. approves consolidated results to 31 March 2020 ...
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30
April
2020
| 17:50 Europe/Amsterdam
HEALTHCARE PLAN DEVELOPED IN COLLABORATION WITH MILAN’S UNIVERSITÀ STUDI – L. SACCO BIOMEDICAL SCIENCES DEPARTMENT AND CLINICS DIRECTED BY PROFESSOR GALLI SANITIZATION OF ALL AREAS, AUTOMATIC TEMPERATURE READINGS WITH THERMAL SCANNERS, DISTANCING ...
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15
April
2020
| 17:25 Europe/Amsterdam
Milan, 15 April 2020 - Notice is hereby given that the following documents are available to the public at the Company’s Milan headquarters at Viale Piero e Alberto Pirelli 25, at the Italian Stock Exchange, on the authorized storage mechanism eMarket...
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03
April
2020
| 17:46 Europe/Amsterdam
PIRELLI LAUNCHES ACTIONS TO MITIGATE ECONOMIC IMPACTS LINKED TO COVID-19 FURTHER COST CUTS AND LOWER INVESTMENT TO PROTECT PROFITABILITY AND CASH FLOW REDUCTION OF BOARD, CEO AND TOP MANAGEMENT COMPENSATIONS CANCELLATION OF MANAGEMENT SHORT-...
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31
March
2020
| 20:32 Europe/Amsterdam
Milan, 31 March 2020 – Pirelli today subscribed to a new 800 million euro financing - with a 5-year maturity - with a pool of primary Italian and international banks. The new bank line is entirely sustainable, in accordance with the group’s targets i...
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22
March
2020
| 20:02 Europe/Amsterdam
 Milano, 22 March 2020 – Pirelli announces that, in light of the Covid-19 emergency and taking into account new government indications, it has suspended the production of tyres at its Italian factories in Settimo Torinese and Bollate. With employe...
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10
March
2020
| 19:52 Europe/Amsterdam
Milan, 10 March 2020 - Pirelli announces that it was informed by the family of an employee at its Settimo Torinese factory, with the subsequent confirmation of healthcare authorities, that the employee has tested positive for Covid-19. To safeguard t...
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09
March
2020
| 12:37 Europe/Amsterdam
Milan, 9 March 2020 - In light of the latest provisions from the Italian government, Pirelli took immediate steps to facilitate the continuity of all its business activities, which are therefore guaranteed. There are no impacts on production activ...
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02
March
2020
| 18:10 Europe/Amsterdam
The Board of Directors of Pirelli & C. SpA approved consolidated results for the year ended on 31 December 2019. Revenues: 5,323.1 million euro, an increase of 2.5% compared with 2018 (2019 target ≥5,300 million) Adjusted Ebit: 917.3 mill...
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19
February
2020
| 11:21 Europe/Amsterdam
CENTRALITY OF HIGH VALUE SEGMENT CONFIRMED WITH GREATER FOCUS ON TYRES LARGER THAN 19 INCHES AND SPECIALTIES IN STANDARD SEGMENT FOCUS ON 17-INCH TYRES, REDUCTION OF SMALLER SIZES NEW PLAN’S 3 PROGRAMS: COST COMPETITIVENESS, COMMERCIAL DEVEL...
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2019
18
December
2019
| 17:51 Europe/Amsterdam
PRESENTATION OF 2020-2022 INDUSTRIAL PLAN TO THE FINANCIAL COMMUNITY ON 19 FEBRUARY 2020 IN MILAN Milan, 18 December 2019 – Pirelli & C. S.p.A. announces the following information in relation to board and shareholder meetings for the fiscal year ...
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29
October
2019
| 17:50 Europe/Amsterdam
*** The economic, asset and financial data to 30 September 2019 were formulated applying the new IFRS 16 – Leases accounting principle, which establishes a new way of accounting for leasing contracts, with significant impact particularly on the re...
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13
September
2019
| 19:07 Europe/Amsterdam
The press release below annuls and replaces the previous version. The following is the correct version (the period of the plan is 2020-2022 and not 2020-2023 as mistakenly indicated previously) Milan, 13 September 2019 - Pirelli & C. SpA announ...
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01
August
2019
| 17:48 Europe/Amsterdam
Results to 30 June 2019 Revenues: 2,654.8 million euro, +1.4% at the organic level High Value Revenues: 1,787.6 million euro (+6.2% total variation) thanks to its strengthening in all regions. As a percentage of sales increased to 67.3% f...
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14
February
2019
| 17:46 Europe/Amsterdam
PIRELLI ACHIEVED 2018 OPERATING TARGETS REVENUES AT 5.2 BILLION EURO (TARGET ABOUT 5.2 BILLION), ORGANIC GROWTH OF 3.7%  ADJUSTED EBIT BEFORE START-UP COSTS AT 1,003 MILLION EURO (ABOVE 1 BILLION THE TARGET). +8.2% COMPARED WITH 2017. EBIT ...
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2018
19
December
2018
| 10:50 Europe/Amsterdam
Milan, 19 December 2018 - With reference to the announced partial buy-back program of the bond denominated “Pirelli & C. S.p.A. €600,000,000 1.375 per cent. Guaranteed Notes due 25 January 2023" (ISIN: XS1757843146) up to a nominal maximum of 50 ...
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11
December
2018
| 11:34 Europe/Amsterdam
Milan, 11 December 2018 - With reference to the announced partial buy-back program of the bond denominated “Pirelli & C. S.p.A. €600,000,000 1.375 per cent. Guaranteed Notes due 25 January 2023" (ISIN: XS1757843146) up to a nominal maximum of 50 ...
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