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Pirelli closes 2023 above expectations, 496 million profit - Last minute

2024-03-06T12:47:12.303Z

Highlights: Pirelli closes 2023 above expectations, 496 million profit - Last minute. Revenues reach 6.65 billion (6.6 billion euros the 2023 target), up 0.5% compared to 2022. adjusted operating profit at 1 billion and net profit grew by 13.8% to 495.9 million. Board of directors proposes a dividend of 0.198 euros per share (it was 0.218 euros in the last financial year) for a total dividend of 198 million.


Pirelli closes 2023 with results above targets. (HANDLE)


Pirelli closes 2023 with results above targets.

Revenues reach 6.65 billion (6.6 billion euros the 2023 target), up 0.5% compared to 2022 (+6.8% organic change excluding the exchange rate effect of -6.3% ), adjusted operating profit at 1 billion and net profit grew by 13.8% to 495.9 million.

The latter thanks to the improvement of operational performance and the benefits deriving from the patent box.


    The board of directors, we read in a note, therefore proposes a dividend of 0.198 euros per share (it was 0.218 euros in the last financial year) for a total dividend of 198 million.


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