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European airline industry steadies itself for the peak summer quarter

European airline industry steadies itself for the peak summer quarter
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THE BOARD OF PIRELLI & C SPA APPROVED CONSOLIDATED RESULTS TO 31 MARCH 2022

PIRELLI: MARKED GROWTH OF REVENUES (+22.2%) AND ADJUSTED EBIT (+35.4%) PRICE/MIX AT RECORD +20.4% BECAUSE OF PRICE INCREASES AND MIX IMPROVEMENTNET PROFIT RISES TO 109.8 MILLION EURO (FROM 42.2 MILLION EURO) -       Revenues: +22.2% to 1,521.1 million euro compared with the first quarter 2021 (+19.0% organic variation excluding the forex effec.

BOARD OF PIRELLI & C SPA REVIEWED PRELIMINARY RESULTS TO 31 DECEMBER 2021

2021 RESULTS ABOVE TARGETS: REVENUES 5.3 BN EURO, ADJUSTED EBIT AT 816 MN, CASH FLOW BEFORE DIVIDENDS 431 MNTOTAL VOLUMES +15.7% (HIGH VALUE VOLUMES +20.2%) AND PRICE/MIX +9.1%NET PROFIT RISES TO 321.6 MNFOURTH QUARTER PRICE/MIX RECORD AT +16.3% BECAUSE OF PRICE INCREAES AND MIX IMPROVEMENT LEADERSHIP POSITION CONFIRMED ON THE KEY SUSTAINABILITY.

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