Report
Anthony Dick ...
  • Michael Foundoukidis

Pirelli : Un trimestre à nouveau solide

>Un T3 légèrement meilleur qu’attendu malgré les volumes, peu de révisions en vue - Les résultats T3 2023 de Pirelli sont ressortis légèrement meilleurs qu’attendu (+2% sur l’EBIT, +17% sur le FCF), à nouveau marqués par une dynamique prix/mix très solide (+6.8%) plus que compensant la baisse des volumes (-4.6%) et les autres vents contraires (inflation et devises essentiellement). Au-delà, les perspectives 2023 ont, comme attendu, été globalement confirmées (resserré...
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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