Continental prepares for asset sales, tightens 2023 targets

[ad_1] The logo of German tyre company Continental, pictured before the company’s annual news conference in Hanover, Germany, March 7, 2019. REUTERS/Fabian Bimmer/File Photo Acquire Licensing Rights BERLIN, Dec 4…

Pirelli sees FY operating profit at top end of forecast despite Q3 drop

[ad_1] A tyre produced by the Italian company Pirelli is on display at a dealership in Moscow, Russia, March 23, 2023. REUTERS/Maxim Shemetov/File Photo Acquire Licensing Rights MILAN, Nov 9…

Italy’s Pirelli to make tyres in Saudi Arabia with Saudi wealth fund

[ad_1] [1/3]Tires are seen during the 150th anniversary celebration of Italian tyremaker Pirelli in Milan, Italy, January 28, 2022. REUTERS/Flavio Lo Scalzo/File Photo Acquire Licensing Rights ROME, Oct 26 (Reuters)…

Prysmian sees profit boosted by green energy and digital trends

[ad_1] Cablemaker presents its first-ever strategic plan Will look at opportunities for ‘bolt-on’ M&A Sees adj EBITDA of around 2 billion euros in 2027 COO Battaini to succeed CEO Battista…

Italy’s Brembo wary of getting dragged into Pirelli’s China dispute

[ad_1] MILAN, June 21 (Reuters) – Pirelli (PIRC.MI) investor Brembo (BRBI.MI) is worried about strains between the tyremaker’s Italian and Chinese shareholders and is likely to steer clear of any…