Pirelli Reports 23.3% Rise in First-Quarter Profit

Pirelli's first-quarter profit up 23.3% to €156.8 million

(ANSA) - ROME, MAY 7 - Pirelli closed the third quarter with net profit up 23.3% to €156.8 million, thanks in part to lower financial expenses. Revenues, impacted by the foreign exchange effect and the deconsolidation of Däckia, fell 1.2% to €1,737.2 million, while adjusted EBITDA rose 1.4% to €404.4 million. The net financial position as of March 31, 2026, is equal to -2,016.7 million euros (-2,622.5 million euros as of March 31, 2025 and -1,102.0 million as of December 31). (ANSA). Read art...

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