Pirelli & C SpA 2009 AR2
The report outlines Pirelli's performance and strategic focus on 'green performance' during the fiscal year 2009. The company successfully increased the proportion of its 'green' products to 25% of net sales, up from 20% in 2008, in line with its three-year business plan. Pirelli returned to profitability with a consolidated net income of 22.7 million euro attributable to equity holders, significantly improving from a net loss in the previous year. Additionally, the group reduced its net financial debt by almost half to 528.8 million euro and continued its restructuring efforts to enhance efficiency and competitiveness.
Company: Pirelli & C SpA
Sector: Manufacturing
Country: Italy
Year: 2009
Type: AR2
Pages: 308
Back to company
Pirelli & C SpA
Annual Financial Report
The report outlines Pirelli's performance and strategic focus on 'green performance' during the fiscal year 2009. The company successfully increased the proportion of its 'green' products to 25% of net sales, up from 20% in 2008, in line with its three-year business plan. Pirelli returned to profitability with a consolidated net income of 22.7 million euro attributable to equity holders, significantly improving from a net loss in the previous year. Additionally, the group reduced its net financial debt by almost half to 528.8 million euro and continued its restructuring efforts to enhance efficiency and competitiveness.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2009
Reporting Period
Jan 1, 2009 - Dec 31, 2009
Fiscal Year
2009
Published
Apr 20, 2010
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees