Brief: Pirelli investors stopped governance talks pending Italy's government intervention

Pirelli & C.

25/02/2026 18:18

Links brief to appropriate snaps

Feb 25 (Reuters) - Pirelli top executives tell analyst in a post-earnings call:

EXECUTIVE VICE PRESIDENT: THERE ARE NO ONGOING NEGOTIATIONS WITH SINOCHEM, ITALIAN GOVERNMENT ASSESSING SITUATION UNDER GOLDEN POWER REGULATION

EXECUTIVE VICE PRESIDENT: ITALY'S GOVERNMENT WANTS PIRELLI TO COMPETE IN ALL MARKETS, INCLUDING U.S., WITH ITS TECHNOLOGIES

EXECUTIVE VICE PRESIDENT: WE DON'T SEE ISSUES LOOKING FORWARD, WE ARE SURE WE WILL BE IN CONDITIONS TO FULFILL U.S. REGULATION REQUIREMENTS BY MARCH 17 DATE

CFO: U.S. TARIFFS HAD GROSS IMPACT OF 55 MILLION EUROS ON 2025 FY ADJUSTED EBIT, APPROXIMATELY 25 MILLION EUROS NET OF MITIGATION PLAN

Further company coverage: PIRC.MI 600500.SS

 (Reporting by Milan Newsroom)