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Pirelli & C. S.p.A. (PIRC.MI)

Milan - Milan Delayed price. Currency in EUR
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5.06-0.01 (-0.16%)
At close: 5:35PM CEST
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Previous close5.07
Bid5.04 x 0
Ask5.13 x 0
Day's range5.06 - 5.14
52-week range3.36 - 5.55
Avg. volume1,972,147
Market cap5.06B
Beta (5Y monthly)1.35
PE ratio (TTM)19.77
EPS (TTM)0.26
Earnings date11 Nov 2021
Forward dividend & yield0.08 (1.58%)
Ex-dividend date21 Jun 2021
1y target est5.68
  • Reuters

    Italy's Pirelli ups FY guidance after Q2 EBIT beats estimates

    Italian tyremaker Pirelli said on Thursday it would manage to offset increasing pressures from raw material costs in the second half, as it raised its full-year forecasts after posting higher-than-expected operating profits in the second quarter. Pirelli, the sole supplier of Formula One tyres, said it saw an overall impact this year from higher raw materials prices, which have been affecting manufacturers worldwide, worth 3% of its revenue. "For the second half, we are expecting a much higher headwind because we see costs rising month after month," Pirelli's chief planning and control officer, Fabio Bocchio, told analysts.

  • Reuters

    Pirelli launches world's first FSC-certified tyres for BMW's hybrid model

    Italian tyremaker Pirelli said on Wednesday it was producing the world's first FSC-certified range of tyres, which it designed for BMW's X5 xDrive45e plug-in hybrid model. The Forest Stewardship Council (FSC) is an international non-profit organisation which sets standards for environmentally responsible management of forests and certifying environmental policies. The new tyres contain FSC-certified natural rubber and rayon, Pirelli said in a statement, adding they will help achieve an increasingly sustainable tyre production.

  • Reuters

    Italy's Pirelli says 2020 outlook still mixed, beats consensus in third quarter

    Italian tyre-maker Pirelli said on Wednesday the market outlook was still partially uncertain after posting higher-than-expected operating earnings in the third quarter and narrowing its margin forecast for this year. The manufacturer of tyres for Formula One and high-end carmakers such as BMW and Audi said the 2020 market outlook had improved in the North America and APAC regions. Pirelli said its adjusted earnings before interest and tax (EBIT) stood at 231.7 million euros ($272.5 million) in the third quarter, down from 244.5 million euros a year ago.