PIRELLI & C. S.P.A. BOARD APPROVES RESULTS TO 31 DECEMBER 2022
- Parent company Pirelli & C. Spa net profit: 252.5 million euro (216.6 million on 31 December 2021)
- Consolidated net profit: +35.5% to 435.9 million euro (321.6 million euro on 31 December 2021)
- The Board will propose to shareholders meeting the distribution of a dividend of 0.218 euro per share for a total of 218 million euro
- Shareholders’ meeting postponed to 29 June 2023
Milan, 5 April 2023 – The Board of Directors of Pirelli & C. Spa met today and approved the consolidated results for the year ended 31 December 2022 confirming the preliminary and unaudited results communicated to the market on 22 February 2023. It should be noted that, as already announced, that 2022 closed with a consolidated net profit of 435.9 million euro, an increase of 35.5% compared with 321.6 million euro in 2021, on revenues which increased by 24.1% to 6,615.7 million euro. The year, in addition, saw a further improvement in the sustainability performance: for more details refer to the press release of 22 February 2023.
The Board today also approved the results of the Parent Company Pirelli & C. Spa which in 2022 posted a net profit of 252.5 million euro, an increase from 216.6 million euro in 2021. In line with the dividend policy of the 2021-2022|2025 industrial plan, the Board will propose to the shareholders meeting the distribution of a dividend of 0.218 euro per share (0.161 euro per share in 2021) for an overall total of 218 million euro.
The dividend relative to 2022 will be placed in payment from 26 July 2023 (coupon detachment on 24 July 2023 and record date on 25 July 2023).