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Mar
17th

Pirelli 2015 revenue up 4.8%

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Pirelli said its 2015 operating performance was in line with targets after it booked revenue growth of 4.8% year on year to EUR6,309.6m (US$7078m), above the 2015 target of "over EUR6.25bn" thanks to the "great" improvement in the price/mix component (+7.1% compared to a target of "equal to or above" 5.5%) as a consequence of price increases, greater replacement sales and more diverse geographic and product mixes.
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