Q2 2021 Pirelli & C SpA Earnings Call Transcript
Ladies and gentlemen, welcome to Pirelli's conference call in which Pirelli's top management will present the company's first half 2021 financial results. A live webcast of the event and the presentation slides are available in the Investor Relations section of the Pirelli website. I remind you that the Q&A session will follow after the presentation.
Now I would like to introduce Mr. Marco Tronchetti Provera. Please go ahead, sir.
Thank you. Good evening, ladies and gentlemen, and welcome to our conference call. The scenario that is taking shape highlights a faster recovery from the pandemic both in the global economy and in the tire industry, where the high-value demand is already exceeding 2019 levels. The 18 inches and above market in 2021 is now expected to grow at 15% year-on-year, 2 point percent more than the initial expectation. Our Industrial Plan implementation continues in line with the expectation on all programs. Our high value share increased
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