Report
Anthony Dick ...
  • Michael Foundoukidis

Pirelli : Des priorités globalement inchangées après 2020

>Un CMD sans rupture majeure, hormis peut-être sur les Capex - Le CMD de Pirelli, organisé hier, a permis au manufacturier de dévoiler sa nouvelle stratégie moyen terme après les bouleversements de 2020. Comme nous nous y attendions, le management a maintenu la voie tracée l’an dernier avant la crise (CMD du 19/02/20) et donc longuement insisté sur les réductions de coûts mais aussi sur sa capacité à enfin améliorer sa génération de FCF (malgré des Capex revus en haus...
Underlying
Pirelli & C. S.p.A.

Pirelli & Co. is a holding company that manages, coordinates and finances the operations of its subsidiaries, which are mainly active in the tyre sector. Other activities relate to the emissions control technologies, renewable energy sources and fashion industries. Co.'s Total Tyre Business is split into: the Consumer Business segment that includes car and motorcycle tyres made for both the original equipment and replacement markets; and the Industrial Business segment that includes truck tyres, tyres for agricultural equipment, made both for the original equipment and replacement markets, and the steel cord business.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Anthony Dick

Michael Foundoukidis

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