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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

15-21 April was a positive week for the principal international markets (London +0.9%, Frankfurt +2.1%, Paris, +1.3%), sustained by the good start of the reporting season:. quarterly figures that exceeded market expectations contributed to a more positive attitude to prices.

Auto & Parts was the best performing sector (+4.2%) after the Fiat results (+6.9%).

Pirelli closed the week at €6.8, a rise of 4.9% on the upswing in the European tyre sector. Pirelli is among Morgan Stanley’s best picks in 2011: the broker predicts growth of 24% (to 1.381) in the tyre sector for the first quarter of 2011 with an ebit margin of 9.7%.


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A NEW SPACE FOR OUR SHAREHOLDERS

From today, an important space especially for our individual shareholders is on-line on the Pirelli site: a portal for information, data and news from Pirelli world, from shares price trends to dividends, international company operations to new investment projects. This initiative targets the 70,000 plus people who have believed in our industrial project for years, and who make Pirelli the 7th most important Blue Chip stock on the Milan stock exchange, in terms of retail sales.
With web retail, we are also launching IN, a quarterly newsletter dedicated to individual investors that will illustrate the financial and business results and all the news from the world of Pirelli. You can receive the newsletter by simply registering in the “Talk to Pirelli”  section.

Categories: Investors


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PEERS & MARKETS

11-15 April was a difficult week for the principal European markets (Milan -2.5%, London -1%, Frankfurt -0.5%, Paris, -2.2%). Prices reflected uncertainties due to the renewed fears about the debt of peripheral EU countries and data on inflation in China and Europe, which was higher than expected (5.4% and 2.7%).

At sector level, generalised sales across all industries, particularly banks (European reference index -3.2% ) which might resort to further recapitalisation initiatives, in view of the application of Basel 3 in 2013.

Pirelli closed the week with an unchanged price (€6.48, 0.0%) over performing the Milan stock exchange, its peers and the industry (Stoxx Auto&Parts –2.7%). Since announcing its 2010 results (8 March 2011), Pirelli shares have risen 9.8% (+11.3pp vs FTSE Mib, +10.1pp vs Stoxx Auto&Parts). The average number of daily trades was around 4 million.


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