Advertise | Subscribe | Contact Us | Connect with us       | Aftermarket Jobs
 

Pirelli 2011 Sales Up Nearly 17%

March 13, 2012
Pirelli SpA's full-year 2011 results showed consolidated revenues in 2011 totaled 5.66 billion euros, up 16.6% year-over-year.
Bookmark this website Bookmark this website
Pirelli SpA's full-year 2011 results showed consolidated revenues in 2011 totaled 5.66 billion euros, up 16.6% year-over-year.
Pirelli SpA Chairman Marco Tronchetti Provera


The tiremaker's 2011 operating income (after restructuring charges) was 581.9 million euros, compared with 407.8 million euros in 2010.

The tiremaker said its product mix was key to the company’s “significant growth.” Sales of “premium” tires grew by 27% YoY, reaching 1.84 billion euros, and those generated by its auto tire business alone accounted for 50% of total sales.