Report
Michael Foundoukidis

Pirelli : Focus coûts et FCF… …Ce qui va sans dire va encore mieux en le disant !

>Une ligne stratégique sans surprise mais un cap enfin clair sur le FCF - Le CMD de Pirelli, organisé hier à Milan, a permis au manufacturier de dévoiler sa stratégie moyen terme. Comme nous nous y attendions, le management a longuement insisté sur les réductions de coûts mais aussi sur sa capacité à enfin améliorer sa génération de FCF et donc à se désendetter, tout en poursuivant une stratégie produits focalisée sur le segment High Value et donc la technologie. Face...
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
Michael Foundoukidis

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