Italy's Pirelli preliminary 2025 net profit rises

Pirelli & C.

25/02/2026 16:56

Overview

Tire manufacturer reported 2025 net profit up 5.9% to 530.7 mln euros

2025 revenues saw organic growth of 4.2%, adjusted EBIT margin rose to 16%

Outlook

Pirelli targets 2026 revenues between ~6.7 bln and ~6.9 bln euro

Company expects 2026 adjusted EBIT margin of ~16%

Pirelli anticipates net financial position at end of 2026 of ~1.2 bln euro

Result Drivers

PRICE/MIX IMPROVEMENT - Pirelli achieved a 3.8% increase in price/mix due to product and region mix improvements

ADJUSTED EBIT MARGIN - Adjusted EBIT margin rose to 16% due to effective internal levers, overcoming external challenges

Company press release: ID:nBIA8BDRh2

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Net Profit
EUR 530.7 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the tires & rubber products peer group is "buy"

Wall Street's median 12-month price target for Pirelli and C. S.p.a is €7.00, about 9.4% above its February 24 closing price of €6.40

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 10 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)