Pirelli: Q1 net profit up 4.7% at E115m
(CercleFinance.com) - The tyre maker has announced Q1 2023 sales of E1,699.
7m, up 11.7% y-o-y. Organic revenue growth was +12.0%.
Adjusted Ebitda reached E359.7m in Q1 2023, up 8.0% (E333.1m in Q1 2022).
Net profit was E115m, up 4.7% from E109.8m in Q2 2022.
The group has confirmed targets for 2023, as announced on 22 February.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
7m, up 11.7% y-o-y. Organic revenue growth was +12.0%.
Adjusted Ebitda reached E359.7m in Q1 2023, up 8.0% (E333.1m in Q1 2022).
Net profit was E115m, up 4.7% from E109.8m in Q2 2022.
The group has confirmed targets for 2023, as announced on 22 February.
Copyright (c) 2023 CercleFinance.com. All rights reserved.