Pirelli Q3 Adj. EBIT At EUR 276.8 Mln Beating Consensus
Nov 7 (Reuters) -Pirelli & C SpA PIRC.MI:
SEES 2024 REVENUE AROUND EUR 6.7 BILLION
Q3 REVENUE EUR 1.74 BILLION VERSUS EUR 1.73 BILLION IN COMPANY-PROVIDED CONSENSUS
CONFIRMS 2024 ADJUSTED EBIT MARGIN AROUND 15.5%
Q3 ADJUSTED EBIT EUR 276.8 MILLION VERSUS EUR 270 MILLION IN COMPANY-PROVIDED CONSENSUS
Q3 NET INCOME EUR 139.8 MILLION VERSUS EUR 136 MILLION IN COMPANY-PROVIDED CONSENSUS
NET FINANCIAL DEBT AT SEPT-END AT EUR 2.82 BILLION VERSUS EUR 2.84 BILLION IN COMPANY-PROVIDED CONSENSUS
CONFIRMS 2024 NET CASH FLOW BEFORE DIVIDENDS AROUND BETWEEN 500-520 MLN
DECISION TO CALL ORDINARY AND EXTRAORDINARY SHAREHOLDERS' MEETING TO MODIFY BY-LAWS
ORDINARY AND EXTRAORDINARY SHAREHOLDERS' MEETING CALLED FOR 12 DECEMBER 2024
Further company coverage: PIRC.MI
(Gdansk Newsroom)
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