Finance
Pirelli confirms outlook, helped by measures to mitigate tariffs
Published by Global Banking & Finance Review®
Posted on November 6, 2025
1 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on November 6, 2025
1 min readLast updated: January 21, 2026
Pirelli confirms its outlook as Q3 operating profit remains stable, aided by measures to mitigate tariffs and efficient inventory management.
(Reuters) -Italian tyre maker Pirelli said on Thursday its operating profit remained broadly stable year-on-year in the third quarter and confirmed its outlook, weathering the impact of tariffs and foreign exchange volatility.
The company said adjusted earnings before interest and tax (EBIT) came in at 277.2 million euros in the July-September period, topping a 272 million euros in an analyst consensus provided by the company.
Pirelli confirmed its full-year forecasts previously provided in July, as the total impact of tariffs in the first nine months of 2025 was limited to 35 million euros through managing its inventories more efficiently and reducing costs.
($1 = 0.8575 euros)
(Reporting by Enrico Sciacovelli and Giulio Piovaccari, editing by Matt Scuffham)
Operating profit is the profit a company makes from its core business operations, excluding any income derived from non-operating activities such as investments or sales of assets.
EBIT stands for Earnings Before Interest and Taxes, a measure of a firm's profitability that excludes interest and income tax expenses.
Foreign exchange volatility refers to the fluctuations in the value of one currency compared to another, which can impact international trade and investments.
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