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Pirelli's sales in the first three quarters increased by 28.6% year-on-year

 Last Update: 2022-01-10
 Source: Internet
 Author: User

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According to the latest financial report recently released by the world's leading tire manufacturer Pirelli, the company achieved sales of 3.
98 billion euros (approximately RMB 29.
1 billion) in the first three quarters of 2021, a year-on-year increase of 28.
6%
.
Compared with the same period last year, net profit has turned losses into profits
.

The company said that the main reason for the increase in sales is the increase in demand for high-end replacement tires
.

For the full year of 2021, the company predicts that revenue is expected to increase to between 5.
1 billion and 5.
15 billion euros
.
The adjusted EBIT margin target has also been raised to 15%-15.
5%
.

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