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BRIEF-Pirelli Q4 Prelim Adjusted EBIT EUR 244.6 Million Above Company-Provided Consensus

ReutersFeb 26, 2025 4:51 PM

- Pirelli & C SpA PIRC.MI:

  • Q4 PRELIM ADJUSTED EBIT EUR 244.6 MILLION VERSUS EUR 228 MILLION IN COMPANY-PROVIDED CONSENSUS

  • Q4 PRELIM REVENUE EUR 1.59 BILLION VERSUS EUR 1.53 BILLION IN COMPANY-PROVIDED CONSENSUS

  • Q4 EBIT ADJUSTED MARGIN AT 15.4%

  • Q4 PRELIM NET INCOME EUR 130.0 MILLION VERSUS EUR 112 MILLION IN COMPANY-PROVIDED CONSENSUS

  • SEES 2025 REVENUE AROUND EUR 6.8-7.0 BILLION

  • SEES 2025 ADJUSTED EBIT MARGIN AROUND 16%

  • SEES NFP AT END-2025 AT AROUND EUR 1.6 BILLION

  • NET DEBT AT DEC-END AT EUR 1.93 BILLION VERSUS EUR 1.96 BILLION IN COMPANY-PROVIDED CONSENSUS

  • PLAN TO MITIGATE IMPACT OF POTENTIAL US TARIFFS BEING PREPARED WITH GOAL OF GUARANTEEING CASH GENERATION, DELEVERAGING TARGETS AND LOWER END OF ADJUSTED EBIT GUIDANCE

Further company coverage: PIRC.MI

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