Pirelli reports Q1 2022 revenue at USD1.6 billion, up 22.2% y/y

Financial results

Net income was reported at EUR109.8 million in first quarter 2022

Pirelli has reported first-quarter net sales at EUR1.52 billion (USD1.6 billion) with a year-on-year (y/y) increase of 22.21% compared to EUR1.24 billion in the first quarter of 2021 for the three months ended 31 March 2022, according to a filing by the company on 10 May 2022. Net income was EUR109.8 million, compared to EUR42.2 million for the first quarter of 2021.

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