EconomyPirelli confirms 2026 outlook as operating profit rises 1% despite Middle East crisis
Italian tyre maker Pirelli reported a slight increase in operating income for the second quarter. Sales of products with higher margins more than made up for the drag from unfavorable currency movements and weaker volumes. The company reaffirmed its 2026 outlook despite the continuing Middle East crisis. Its operating profit rose by 1%.
Pirelli confirms 2026 outlook as operating profit rises 1% despite Middle East crisis