Representatives of Pirelli reported a profit for the previous year
Here is the translation:
The Pirelli company has released its reports for the previous year, which was the last before the transfer of its controlling stake to the Chinese company ChemChina. Analyzing the statistics, analysts note that the tire business of this manufacturer underwent minor improvements last year.
Net profit for the previous reporting period was 332.8 million euros. This figure is 8.6% higher than in the year before last, when Pirelli earned 306.5 million euros.
The main focus in production was on premium segment tires, demand for which increased by 5% last year. Revenue in this sector increased by 2.5 million euros. Problems with sales on the South African market slightly marred the statistics, but on the whole, they do not look too critical.
Given similar statistics, the company also plans to increase sales volumes in 2015. As for the shareholders, they can expect decent payouts in the near future - 0.367 euros per ordinary share and 0.431 euros per savings security.
Net profit for the previous reporting period was 332.8 million euros. This figure is 8.6% higher than in the year before last, when Pirelli earned 306.5 million euros.
The main focus in production was on premium segment tires, demand for which increased by 5% last year. Revenue in this sector increased by 2.5 million euros. Problems with sales on the South African market slightly marred the statistics, but on the whole, they do not look too critical.
Given similar statistics, the company also plans to increase sales volumes in 2015. As for the shareholders, they can expect decent payouts in the near future - 0.367 euros per ordinary share and 0.431 euros per savings security.