Profit and Loss

Pirelli Group

  Profit and Loss


Yearly data 9M Results Quarterly data


(€ milion)

  3Q 08
pro forma*		   4Q 08
pro forma*		   1Q 09   2Q 09   3Q 09
                  yoy     yoy
Net sales 1.208   992   1.043 -13%   1.095 -13%   1.170 -3%
Net sales (escluso DGAG) 1.208   992   1.043 -13%   1.095 -13%   1.170 -3%
Gross operating profit (loss) 85   5   102 -41%   124 -7%   135 58%
% sulle Net sales 7,1%   0,5%   9,8% -4,6pp   11,4% 0,8pp   11,5% 4,5pp
Operating profit (loss) ante oneri di ristrutturazione 30   (45)   50 -58%   72 -12%   83 175%
% sulle Net sales 2,5%   -4,5%   4,8% -5,2pp   6,6% 0,1pp   7,1% 4,6pp
Oneri di ristrutturazione -28   (95)   -4 n.s.   -18 9%   -20 -28%
Operating profit (loss) 2   (140)   47 -59%   54 -17%   63 n.s.
% sulle Net sales 0,2%   -14,1%   4,5% -5,1pp   5,0% -0,3pp   5,4% 5,2pp
Earnings (losses) from investments 10   (281)   1 n.s.   -29 n.s.   -9 n.s.
Operating profit (loss) incl. earnings from investments 12   (421)   48 n.s.   25 n.s.   53 n.s.
Financial income (expenses) -12   (45)   -20 n.s.   -19 n.s.   -14 n.s.
 
Income taxes -28   18   -26 -12%   -19 n.s.   -36 n.s.
Net Income (loss) from continuing operations -28   (448)   1 n.s.   -14 n.s.   4 n.s.
Net income from discontinued operations 1   73   0 n.s.   0 n.s.   0 n.s.
Net Income -27   (376)   1 n.s.   -14 n.s.   4 n.s.
Net income attributable to Pirelli & C. S.p.A. -15   (296)   10 n.s.   -3 n.s.   12 n.s.
 
Net debt at the end of the period 1.056   1.028   1.279 50%   1.108 35%   691 -35%
 
Employees (number at period-end) 31.682   30.980   29.662 -5%   29.525 -6%   29.509 -7%


* Pirelli Re Facility Management in discontinued operations


Last Revised: 15 2009