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

Preliminary 2022 Pirelli & C SpA Earnings Call Transcript

Feb 22, 2023 / 05:30PM GMT
Release Date Price: €4.88
Operator

Ladies and gentlemen, welcome to Pirelli's conference call, in which Pirelli's top management will present the company's full year 2022 preliminary 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.

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

Thank you and good evening ladies and gentlemen. 2022 was characterized by high volatility in the macroeconomic scenario, further stressed by geopolitical tensions and COVID in China. Despite these headwinds, we really close the year, results exceeding November target and among the best in the industry, thanks to the resilience of our business model.

2023 scenario is still uncertain and even more volatile, where the main concerns are consumption trend, inflation and input costs like energy level cost and raw

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