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Pirelli & C. SpA

PIRC.MI

Latest Trade

4.38EUR

Change

-0.12(-2.62%)

Volume

2,360,389

Today's Range

4.37

 - 

4.49

52 Week Range

3.04

 - 

5.41

As of on the Italian SE (Mercato Continuo Italia) ∙ Minimum 15 minute delay

Pricing

Previous Close
4.50
Open
4.49
Volume
2,360,389
3M AVG Volume
105.41
Today's High
4.49
Today's Low
4.37
52 Week High
5.41
52 Week Low
3.04
Shares Out (MIL)
1,000.00
Market Cap (MIL)
4,501.00
Forward P/E
25.52
Dividend (Yield %)
--

Latest Developments

More

Pirelli sees signs of price increases, expects positive news ahead

Pirelli CEO confident new plan to confirm base trends of current one

Pirelli preparing new industrial plan to 2023/2025

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About Pirelli & C. SpA

Pirelli & C SpA is an Italy-based company. It is a tire player. The Company is the global player focused on the consumer tire market, which includes tiers for cars, motorcycles and bicycles. The tire activity consists of two main segments: the Consumer segment focuses on tires for consumer cars, motor vehicles, sports utility vehicles (SUVs), light commercial vehicles and motorcycles; and the Industrial segment, manufacturing tires for buses, heavy trucks and agricultural machinery. Its products are used by car maker partners such as Bentley, Aston Martin and Porsche, among others. Through its subsidiaries Pirelli & C. Eco Technology SpA, Pirelli & C. Ambiente SpA and PZero Srl, it is active in emissions control technologies, renewable energy sources and fashion. In addition, Pirelli & C SpA focuses on the partnerships with car and motorcycle manufacturers, technological innovation and wide portfolio of performance and customized products.

Industry

Tires

Contact Info

Viale Piero e Alberto Pirelli n. 25

20126

Italy

+39.02.64421

https://www.pirelli.com/

Executive Leadership

Ning Gaoning

Non-Executive Chairman of the Board

Marco Tronchetti Provera

Chief Executive Officer, Executive Vice-Chairman

Francesco Tanzi

Chief Financial Officer, Executive Vice President

Davide Sala

Chief Human Resource Officer and Organization Officer, Executive Vice President

Maurizio Sala

Executive Vice President, Chief Planning and Controlling Officer

Key Stats

2.28 mean rating - 18 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2017

5.4K

2018

5.2K

2019

5.3K

2020(E)

4.2K
EPS (EUR)

2017

0.450

2018

0.580

2019

0.520

2020(E)

0.178
Price To Earnings (TTM)
107.45
Price To Sales (TTM)
1.03
Price To Book (MRQ)
1.05
Price To Cash Flow (TTM)
10.25
Total Debt To Equity (MRQ)
133.56
LT Debt To Equity (MRQ)
106.66
Return on Investment (TTM)
0.53
Return on Equity (TTM)
0.41

Latest News

Latest News

Pirelli loses appeal against EU cartel ruling on former unit

Italian tyremaker Pirelli <PIRC.MI> on Wednesday lost an appeal against a European Union cartel ruling after Europe's highest court rejected its argument that it should not bear liability for its former subsidiary and cartel member Prysmian <PRY.MI>.

Pirelli reboots its R&D to stay on track through the pandemic

When the coronavirus pandemic forced Italian tyremaker Pirelli <PIRC.MI> to temporarily shut its factories in March, R&D chief Pierangelo Misani needed a rapid rethink.

Italy's Pirelli makes deeper cut to margin forecast after testing quarter

Italian tyre-maker Pirelli <PIRC.MI> on Wednesday cut its full-year margin forecast for a second time and scaled back its cash flow guidance after the COVID-19 pandemic delivered a quarter it said had tested it "more than ever".

Italy's Brembo raises stake in Pirelli to 4.99%, ends purchases

Italian brake maker Brembo <BRBI.MI> said on Wednesday it would not buy additional shares in tyremaker Pirelli <PIRC.MI> after increasing its stake to almost 5%.

Pirelli CEO proposes co-CEO as part of succession plan

Pirelli CEO Marco Tronchetti Provera will propose Angelos Papadimitrou, the current head of packaging machines maker Coesia, as general manager and co-CEO under succession plans due to be completed by 2023, the group said on Wednesday.

Pirelli says second-quarter to be 'worst quarter' of 2020 after operating profit drops 36%

Italian tyre-maker Pirelli <PIRC.MI> said it would take its worst hit from the COVID-19 crisis in the current quarter after reporting a 36% drop in first-quarter operating profit.

Italy's Pirelli Q1 operating profit drops 36% due to virus

Italian tyre-maker Pirelli said on Wednesday its operating profit fell 36% in the first quarter of the year as the global industry had been "significantly" hit by the COVID-19 emergency and by consequent lockdown measures.

UPDATE 1-Pirelli scraps dividend, trims 2020 forecasts and CEO takes pay cut due to coronavirus

Italian tyremaker Pirelli said on Friday it was scrapping its 2019 dividend and cutting forecasts for this year, in response to the deterioration of the global economic outlook following the coronavirus outbreak.

Italy's Pirelli scraps dividend, cuts 2020 forecasts due to virus

Italian tyremaker Pirelli said on Friday it was scrapping its 2019 dividend and cutting forecasts for this year, in response to the deterioration of global economic outlook following the new coronavirus outbreak.

Breakingviews - Corona Capital: GE, Oaktree, M&A back doors

Breakingviews has launched a daily column covering pandemic-related insights that you might have missed. Throughout the day, we’ll bring you shorter-than-usual views from columnists around the world with the same financial savvy on companies, economies and capital markets...

REFILE-UPDATE 2-Pirelli CEO slams brakes on talk of Brembo merger

Pirelli CEO Marco Tronchetti Provera moved on Wednesday to bolster his influence over the Italian tyremaker with the help of a Chinese partner, and said there were no plans to merge with brake maker Brembo .

UPDATE 1-Camfin seeks to strengthen Pirelli holding with Chinese partner

Pirelli investor Camfin said on Wednesday it was discussing a partnership with China's Niu family to create a venture that could potentially hold 10% of the Italian tyremaker.

Pirelli CEO says he does not see Brembo's stake purchase in tyre maker as hostile

The Pirelli chief executive said on Wednesday he did not see Brembo's recent decision to buy a stake in the tyre maker as a hostile move and added that he was happy about the brakes maker's investment.

Pirelli investor Camfin explores partnership with Niu family's Longmarch

Pirelli investor Camfin said on Wednesday it was looking at a possible partnership to develop private equity activities in sectors including healthcare with Longmarch, the Luxembourg-based vehicle of China's Niu family.

Italian brake maker Brembo treads new path with Pirelli stake

Italy's Brembo <BRBI.MI>, which make brakes for Ferrari <RACE.MI>, Tesla <TSLA.O>, BMW <BMWG.DE> and Mercedes <DAIGn.DE> as well as several Formula One teams, has taken a small "long-term" stake in tyre maker Pirelli <PIRC.MI>.

RPT--Italian brake maker Brembo buys stake in Pirelli

Italian premium brake manufacturer Brembo said on Tuesday it held 2.43% of tyre maker Pirelli after deciding to buy a stake with "a non-speculative, long-term approach."

Italian brake maker Brembo buys stake in Pirelli

Italian premium brake manufacturer Brembo said on Tuesday it held 2.43% of tyre maker Pirelli after deciding to buy a stake with "a non-speculative, long-term approach."

Breakingviews - Corona Capital: Bailout fees, Distressed junk

Breakingviews has launched a daily column covering pandemic-related insights that you might have missed. Throughout the day, we’ll bring you shorter-than-usual views from columnists around the world with the same financial savvy on companies, economies and capital markets...

BRIEF-Pirelli Halts Productions At Italian Factories Following Decree On Covid-19 Containment

* SAID ON SUNDAY CO SUSPENDED PRODUCTION AT ITS ITALIAN FACTORIES IN SETTIMO TORINESE AND BOLLATE FOLLOWING LATEST DECREE ON COVID-19 CONTAINMENT

Pirelli to interrupt production in South American factories on March 23- statement

Pirelli SpA will temporarily interrupt production will interrupt production in its South American factories beginning March 23 due to the coronavirus pandemic, the company said in a statement on Friday.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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