Investor Channel is the communication channel between Pirelli and the financial community. Analysts, shareholders and web users can use the channel for direct dialogue with the Group. The blog is moderated by Pirelli Investor Relations.

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Peers&Markets 31.08.09Positive week for Pirelli: +4.5% at €0.339, overperforming the DJ Stoxx Auto & Parts index by 8 pecentage points. The positive trend of Pirelli goes on, infact, since the first half results presentation the stock has gained the 25.3% versus Michelin that roses by 20.3% and Continental by 12%.

Positive trend also for Pirelli RE which closed the week with a rise of 12.3% overperforming the european real estate index by 8 pecentage point.

For further information: Investitori > Pirelli on the stock market > Peer & Markets; or click here.

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Pirelli vs Peers 2Q 09For the second quarter in a row, Pirelli recorded one of the best operating performance in the International tyre sector.
In a difficult market environment, impacted by the economic crisis, Pirelli limits the revenues slow down in 2Q09 (-9.2% vs. -21% of the sector) thanks to the favorable geographic positioning as well as the year over year price mix improvement (+5.2%). Moreover, Pirelli is one of the few players that significantly improved its performance versus the 1st quarter 2009 (+6.6% the top line increase vs. 1Q09).
On profitability, Pirelli is the only player -besides Continental- to record a positive trend reaching an 8.6% Ebit margin in 2Q09, +0.5pp vs. 2Q08 thanks to the raw material cost reduction and to efficiency/savings related to the restructuring program launched in 2008.

For further information: Investors > Pirelli on the Stock Market  > Peers Markets; or click here.


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Nice summer break to all our readers

Investor Channel news will be back at the end of August.
We wish a nice summer break to all our readers.

Pirelli Investor Relations team

Categories: Pirelli

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