Company Profile

Pirelli & C. S.p.A. specializes in the manufacturing and marketing of tires for light vehicles and two-wheeled vehicles.
Net sales break down by source of revenue between product sales (97.3%) and services (2.7%).
At the end of 2023, the group operated 18 manufacturing sites in the world.
Net sales are distributed geographically as follows: Europe (39%), North America (25.7%), Asia/Pacific (16.8%), South America (12%), Russia/Nordic countries/Middle East/Africa/India (6.5%).


Source: Cofisem - Last Update: 2024-04-18

Key Executives
Chief Executive Officer Andrea Casaluci
Chief Financial Officer Fabio Bocchio
Chief Communication Officer Antonio Abete
Chief Compliance Officer Alberto Bastanzio
Chief Investor Relations Officer Aldo Perrone
Chief Human Resources Officer Davide Sala
Director of Sustainable Development Giovanni Tronchetti Provera


Source: Cofisem - Last Update: 2024-04-18

Key Figures
Millenium 2023 2022 2021 2020 2019
Net sales 6,650,063 6,615,727 5,331,450 4,302,131 5,323,054
Income from ordinary activities 6,650,063 6,615,727 5,331,450 4,302,131 5,323,054
Operating income 808,327 791,482 577,054 219,139 742,744
Cost of financial indebtedness net 157,753 85,598 102,081 109,371 121,484
Equity-accounted companies contribution to income 15,879 5,848 3,978 -5,271 -11,006
Net profit from discontinued activities
Net income 495,905 435,900 321,593 42,673 457,697
Net income (Group share) 479,080 417,760 302,796 29,781 438,134
Fiscal year end 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Length of fiscal year (month) 12 12 12 12 12
Currency & Unit EUR - thousands EUR - thousands EUR - thousands EUR - thousands EUR - thousands
Account Standards IFRS IFRS IFRS IFRS IFRS

Source: Cofisem - Last Update: 2024-04-18

Shareholder information
Other shareholders 4.51 %
Brembo S.p.A. 6 %
Italian institutional investors 22.87 %
Marco Polo International Italy S.r.l. 37.01 %
MTP .S.p.A. 20.58 %
Silk Road Fund 9.02 %


Source: Cofisem - Last Update: 2024-04-18

Contact

Francesco Tanzi
ir@pirelli.com


Source: Pirelli & C. S.p.A. - Last Update: 2024-04-18

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