Pirelli H1 Profit Rises | Nasdaq | Global Market News

U.S. Crude Oil Inventories Unexpectedly Decrease U.S. Crude Oil Inventories Unexpectedly Decrease

Pirelli H1 Profit Rises | Nasdaq | Global Market News



(RTTNews) – Italian tire maker Pirelli (PIRC.MI, PPAMY.PK, PPAMF.PK) Thursday reported outcomes for the first-half of 2025, with internet income and revenues rising from final 12 months.

Net income for the period was 264.0 million euros or 0.25 euro per share, in comparison with 231.3 million euros or 0.22 euro per share final 12 months.

On an adjusted foundation, internet income for the period was 320.2 million euros, in comparison with 283.0 million euros.

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EBIT for the period was 479.6 million euros, up from 466.6 million euros final 12 months.

Revenues for the period had been 3.499 billion euros, up from 3.448 billion euros final 12 months.

In the second quarter of 2025, revenues had been 1.740 billion euros, down 0.7% in contrast with the identical period of 2024. Organic revenues growth was 4.0.

Looking ahead to the total 12 months 2025, Pirelli now forecasts revenues between 6.7 billion and 6.8 billion euros, down from earlier estimate of 6.8 billion and seven.0 billion euros.

The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.

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