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Tag: Pirelli

Pirelli: Half-year profits up, estimates revised up

Pirelli: Half-year profits up, estimates revised up Pirelli: Half-year profits up, estimates revised up

Shares in Italian tire maker Pirelli rose 5.7% after it upgraded its full-year guidance and announced an increase in first-half earnings. Pirelli said it revised its 2022 targets and now expects revenue of 6.2-6.3 billion euros, having previously given estimates of 5.9-6 billion euros. First-half profits amounted to 221.4 million euros from 123.1 million euros […]