Pirelli posts profit up 13.8% to 495.9 mn - Business

2024-03-06T13:16:17.813Z

Highlights: Pirelli posts profit up 13.8% to 495.9 mn. Revenues for last year were at €6.65 billion, and the adjusted EBIT at €1 billion, with a margin of 15.1%. Board of directors, reads a note, is therefore proposing a dividend of EUR 0.198 per share.    photo: Pirelli deputy executive VP Marco Tronchetti Provera ALL RIGHTS RESERVED © Copyright ANSA.

Pirelli on Wednesday posted 2023 profit up 13.8% to 495.9 million euros. The tiremaker's results were above its targets, it said. Revenues for last year were at €6.65 billion, and the adjusted EBIT at €1 billion, with a margin of 15.1%. (HANDLE)