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%).
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: 2024-08-23
Key Executives
| Chief Executive Officer | |
| Chief Communication Officer | |
| Chief Compliance Officer | |
| Chief Financial Officer | |
| Head of Investor Relations | |
| Chief Human Resources Officer | |
| Director of Sustainable Development |
Source: Cofisem - Last Update: 2024-08-23
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: 2024-08-23
Shareholder information
| Other shareholders | |
| Brembo S.p.A. | |
| Italian institutional investors | |
| Marco Polo International Italy S.r.l. | |
| MTP S.p.A. |
Source: Cofisem - Last Update: 2024-08-23
Address
Pirelli & C. S.p.A.
Viale Piero e Alberto Pirelli 25
IT-20126 Milano
Italy
Phone number: +39 (0)2 6442 1
Fax: +39 (0)2 6442 26 70
https://corporate.pirelli.com/
Source: Cofisem - Last Update: 2024-08-23
Contact
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