Pirelli, a big tire company, makes a lot of money selling tires in the U.S. But they're worried about possible new taxes (tariffs) on tires imported from other countries. They want to avoid these taxes to keep making good money.
- Pirelli makes about 25% of its sales in North America.
- They plan to build more tire factories in the U.S. to avoid paying tariffs.
- They had a great year in 2024, making more money than expected.
Fact | Number |
---|---|
US Market Share | 25% |
2024 Q4 Adjusted EBIT (Euros) | 244.6 million |
2025 EBIT Margin Target (%) | 16% |