Report
Anthony Dick ...
  • Michael Foundoukidis

Pirelli : Vers une dynamique intacte au T3

>Vers un T3 solide et une confirmation des objectifs annuels malgré les devises - A l’approche de la publication des résultats T3 (07/11), nous procédons à des ajustements de nos estimations, principalement sous l’EBIT (FX, exceptionnels, taux d’imposition principalement). A court terme, nous attendons un T3 relativement robuste (CA de 1 720 M€, MOP de 15.5% et FCF de 170 M€e), porté à la fois par une croissance des volumes (+2.0%, tirés par le segment High Value) et ...
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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