Pirelli & C SpA (CHIX:PIRCm)
€ 5.141 0.104 (2.06%) Market Cap: 5.10 Bil Enterprise Value: 8.36 Bil PE Ratio: 10.94 PB Ratio: 0.91 GF Score: 77/100

Full Year 2018 Pirelli & C SpA Earnings Call Transcript

Feb 14, 2019 / 05:30PM GMT
Release Date Price: €6.01 (-1.15%)
Operator

Ladies and gentlemen, welcome to Pirelli's conference call, in which the Executive Vice Chairman and CEO of Pirelli, Mr. Marco Tronchetti Provera, will present Pirelli's preliminary financial results for the full year 2018. I remind you that the Q&A session will follow after the presentation. Moreover, a live webcast of the event and the presentation slides are available in the Investor Relations section of the Pirelli website.

Now I would like to introduce Mr. Marco Tronchetti Provera. Please go ahead, sir.

Marco Tronchetti Provera
Pirelli & C. S.p.A. - Executive Deputy Chairman & CEO

Good evening, ladies and gentlemen. Thank you for joining our conference call today. We'll first comment 2018 full year preliminary results and give you the outlook for 2019. We remind you that the final results will be published on February 26. In the first 2 years of our 2017 to 2020 plan, we delivered our High Value strategy, despite a tougher second half of 2018, where the car industry faced several headwinds, especially in the fourth quarter, with

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