Articles tagged with 'Finance' | Pirelli

Newsroom Pirelli (Finance)

2020
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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30
October
2018
| 18:24 Europe/Amsterdam
Milan, 30 October 2018 - In line with its prior announcement to the market, Pirelli & C. SpA states that it has mandated Goldman Sachs International to proceed with the partial buy-back, for a nominal maximum amount of 50 million euro through open-ma...
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15
October
2018
| 12:15 Europe/Amsterdam
  Pirelli announces that today it signed a preliminary agreement with the Italian taxation office for access the tax facilitations of the Patent Box, with reference to the fiscal years 2015-2019. The estimated tax benefit for the 3-year per...
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07
September
2018
| 20:49 Europe/Amsterdam
                      Milan, 7 September 2018 – Pirelli announces the disposal today of its Car tyre factory in Venezuela, located in the city of Guacara, and all the activities held in the country. The operation ...
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22
August
2018
| 19:20 Europe/Amsterdam
Milan, 22 August 2018 – With regard to the idea, which has been circulating and has been picked up in the media, of a possible deterioration of the tyre market in 2018, Pirelli wishes to state that it does not see significant changes in the markets i...
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07
August
2018
| 17:50 Europe/Amsterdam
Revenues posted organic growth of 5.5% to 2,630.3 million euro, the overall variation -2% taking into account the forex effect (-6.9%) and variation in accounting principles (-0.6%) Strengthening of High Value segment: +12.7% organic rev...
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01
August
2018
| 20:12 Europe/Amsterdam
THE OPERATION WILL HAVE NO IMPACT ON TARGETS IN THE 2017-2020 PLAN   Yanzhou (China), 1 August 2018 – Pirelli has reached an understanding with the Hixih Group, the signing of which is expected in the coming days, for the creation of a Joint Ve...
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26
July
2018
| 12:50 Europe/Amsterdam
As already announced to the market on June 22, 2018, Pirelli & C. today closed a “Schuldschein” financing – guaranteed by Pirelli Tyre – for a total of 525 million euro. The financing, granted by primary market participants, consists of one 82 mi...
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19
July
2018
| 16:27 Europe/Amsterdam
Milan, 19 July 2018 - Pirelli announces that the extract of notary’s minutes for the Board of Directors meeting of Pirelli & C. SpA of June 22, 2018, are available to the public at Pirelli & C’s legal headquarters in Milan at Viale Piero e Albert...
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22
June
2018
| 12:30 Europe/Amsterdam
Milan, 22 June 2018 – The Board of Directors of Pirelli met today and extended the expiration date and restored the size of the previous board authorization regarding bond loans, the residual value of which was 200 million euro out of the 1 billi...
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14
June
2018
| 11:24 Europe/Amsterdam
Milan, 14 June 2018 – The minutes of the shareholders’ meeting of Pirelli & C. SpA, which took place on May 15th, 2018, 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 webs...
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15
May
2018
| 14:47 Europe/Amsterdam
•  2017 RESULTS APPROVED •  GIOVANNI LO STORTO NOMINATED NEW BOARD MEMBER, INDEPENDENT BOARD MEMBERS A MAJORITY (8 OUT 15) ON BOARD •  NEW BOARD OF STATUTORY AUDITORS NOMINATED •  NEW REMUNERATION POLICY AND LTI PLAN APPROVED Milan, ...
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14
May
2018
| 17:43 Europe/Amsterdam
-       Revenues in organic growth of 5.7% to 1,310.3 million euro (1,339.3 million euro in first quarter 2017), the overall variation -2.2% after exchange rate impact of -7.3% -       Marked growth in High Value segment: organic growth of rev...
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14
May
2018
| 17:43 Europe/Amsterdam
Revenues in organic growth of 5.7% to 1,310.3 million euro (1,339.3 million euro in first quarter 2017), the overall variation -2.2% after exchange rate impact of -7.3% Marked growth in High Value segment: organic growth of revenues +13....
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08
May
2018
| 15:40 Europe/Amsterdam
With reference to Regulation (EU) 2018/683 of 4 May 2018 imposing a provisional anti-dumping duty on imports of certain bus or truck tyres originating in the People's Republic of China (so-called anti-dumping measures), Pirelli specifies that Pir...
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