Pirelli has posted consolidated revenues for 2011 of EUR5.7bn (US$7.4bn), an increase of 16%, with a total net result of EUR408m.
The growth in production capacity, linked to a focus on the premium segment at global level outlined in the industrial plan, resulted in an increase of investment of 43% to EUR626m.
Pirelli Tyre reported an increase of sales to EUR5.6bn, while premium revenues grew by 27% in 2011 to EUR1.8bn with the car business accounting for 50% of the total.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
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