Pirelli & C. S.p.A.

PIRC

IT0005278236

Pirelli & C. S.p.A. specializes in the manufacturing and marketing of tires for light vehicles and two-wheeled vehicles. Net sales break down by source of revenue between product sales (97.3%) and services (2.7%). At the end of 2023, the group operated 18 manufacturing sites in the world. Net sales are distributed geographically as follows: Europe (39%), North America (25.7%), Asia/Pacific (16.8%), South America (12%), Russia/Nordic countries/Middle East/Africa/India (6.5%).

Sector

Tires & Rubber Products

Calendar

01/08/2024 - Q2 2024 Earnings Release

Related indices

FTSE MIB INDEX

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

PIRELLI : EPS cut (2023: +8.9%, 2024: -1.2%)

June 11, 2024 at 06:50 pm IST

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Ratings for Pirelli & C. S.p.A.

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

6.008 EUR

Average target price

6.518 EUR

Spread / Average Target

+8.48%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Tire & Tube Manufacturers

	1st Jan change	Capi.
PIRELLI & C. S.P.A.	+22.10%	644.43Cr
BALKRISHNA INDUSTRIES LIMITED	+24.77%	743.96Cr
MRF LIMITED	-2.70%	640.26Cr
CHENG SHIN RUBBER IND. CO., LTD.	+9.24%	497.97Cr
HANKOOK TIRE & TECHNOLOGY CO., LTD.	-0.88%	396.54Cr
SHANDONG LINGLONG TYRE CO.,LTD.	-1.77%	396.17Cr
APOLLO TYRES LIMITED	+5.25%	365.53Cr
QINGDAO SENTURY TIRE CO., LTD.	+24.08%	362.37Cr
PT MULTISTRADA ARAH SARANA TBK	+43.04%	324.14Cr
TRIANGLE TYRE CO.,LTD	+10.41%	174.62Cr

Tire & Tube Manufacturers

Market Closed - Borsa Italiana Other stock markets 09:14:59 12/06/2024 pm IST			After market 09:38:30 pm
6.016 ^EUR	+0.13%		6.019	+0.05%

11/06	PIRELLI : EPS cut (2023: +8.9%, 2024: -1.2%)
03/06	Indices in green; oil falls after OPEC+	AN

PIRELLI : EPS cut (2023: +8.9%, 2024: -1.2%)	11/06
Indices in green; oil falls after OPEC+	03/06	AN
Mib in green; annual US PCE stable in April	31/05	AN
Mib maintains course in green; Pirelli rises again	31/05	AN
Futures up; wait for various macro data	31/05	AN
Lists in green, focus on US PCE.	30/05	AN
Lists in green; focus on tomorrow's inflation	30/05	AN
Mib pegs 34,300; banking segment well	30/05	AN
Mib veers upward; ERG takes top spot	30/05	AN
Marco Tronchetti Provera's share in Pirelli up to 22.78% after Camfin buys 2.2% stake	30/05	RE
Futures bearish; focus on European data	30/05	AN
China's Silk Road Fund to Offload 9% Pirelli Stake	30/05	MT
China's Silk Road Fund selling 9% stake in Italy's Pirelli through ABB	30/05	RE
Stock markets in the red; DiaSorin snap on Mib.	29/05	AN
Futures await lists without momentum	27/05	AN
Business Square in the green; Iveco pushes	24/05	AN
Mib down but Iveco and Pirelli soar	24/05	AN
UBS Keeps Pirelli at Buy, Raises PT	17/05	MT
PIRELLI : UBS raises price target	17/05	CF
PIRELLI : Strong Q1 results with improved earnings despite flat sales	17/05
Indices expected to rise ahead of macro data	15/05	AN
Mib on highs since 2008 dragged by banks	14/05	AN
Indexes already back on top	10/05
Oddo BHF Lifts Pirelli PT, Maintains Neutral Rating	10/05	MT
Pirelli & C. S.p.A. Reports Earnings Results for the First Quarter Ended March 31, 2024	10/05	CI