PIRELLI & C. S.P.A. financials
PIRELLI & C. S.P.A.
Country: IT Reporting currency: EUR Latest annual report: 2025-12-31
LEI:
815600A0C9AFC1F2A709 Financial statements
(EUR, as reported — unscaled; 113 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Revenue | €6.78B | €6.77B |
| Other income | €354.8M | €346.5M |
| Employee benefits expense | €1.30B | €1.30B |
| Raw materials & consumables used | €2.15B | €2.18B |
| Operating profit (EBIT) | €891.2M | €903.0M |
| Finance costs | €290.6M | €422.9M |
| Profit before tax | €760.2M | €647.8M |
| Income tax expense | €229.5M | €146.7M |
| Profit for the year | €530.7M | €501.1M |
| — attributable to owners | €497.5M | €468.0M |
| — attributable to NCI | €33.2M | €33.1M |
| Total comprehensive income | €240.0M | €304.8M |
| Per share | ||
| Basic EPS | €496.00 | €468.00 |
| Free cash flow / share | €891.18 | €855.94 |
| Cash flow statement | ||
| Net cash from operating activities | €1.31B | €1.29B |
| Net cash from investing activities | -€360.3M | -€421.3M |
| Purchase of PP&E (capex) | €352.3M | €376.1M |
| Purchase of intangibles | €25.6M | €27.6M |
| Net cash from financing activities | -€888.1M | -€610.7M |
| Dividends paid | €259.1M | €204.4M |
| Proceeds from borrowings | €138.1M | €1.37B |
| Repayments of borrowings | €528.8M | €1.50B |
| Lease liability payments | €129.4M | €128.9M |
| Balance sheet | ||
| Total assets | €13.35B | €13.68B |
| Non-current assets | €9.22B | €9.42B |
| Property, plant & equipment | €3.37B | €3.43B |
| Intangible assets & goodwill | €5.05B | €5.16B |
| Current assets | €4.13B | €4.26B |
| Inventories | €1.46B | €1.47B |
| Trade & other receivables | €628.5M | €622.9M |
| Cash & equivalents | €1.53B | €1.50B |
| Total equity | €6.46B | €5.91B |
| — attributable to owners | €6.28B | €5.76B |
| Non-controlling interests | €178.9M | €156.2M |
| Non-current liabilities | €4.04B | €4.43B |
| Long-term borrowings | €2.75B | €3.07B |
| Current liabilities | €2.85B | €3.34B |
| Short-term borrowings | €210.6M | €760.9M |
| Deferred tax liabilities | €956.1M | €990.3M |
| Derived metrics | ||
| Free cash flow | €953.5M | €916.5M |
| Operating margin | 13.2% | 13.3% |
| Net margin | 7.8% | 7.4% |
| Return on equity | 8.2% | 8.5% |
| Cash conversion ratio | 2.46× | 2.58× |
| Capex coverage | 3.71× | 3.44× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | €86.5M | €132.5M |
| Adjustments For Decrease Increase In Other Operating Receivables | -€26.6M | €44.0M |
| Adjustments For Decrease Increase In Trade Account Receivable | €36.5M | -€2.5M |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | -€589.8M | -€575.0M |
| Adjustments For Dividend Income | €34.3M | €3.9M |
| Adjustments For Finance Income Cost | -€183.7M | -€286.6M |
| Adjustments For Gain Loss On Disposal of Investments In Subsidiaries Joint Ventures and Associates | €2.3M | €0 |
| Adjustments For Increase Decrease In Employee Benefit Liabilities | €5.4M | €19.0M |
| Adjustments For Increase Decrease In Other Operating Payables | €26.5M | -€1.1M |
| Adjustments For Increase Decrease In Trade Account Payable | -€70.0M | -€119.3M |
| Adjustments For Provisions | €24.1M | €23.8M |
| Bank Overdrafts Classified As Cash Equivalents | -€1.8M | -€1.5M |
| Cash and Cash Equivalents If Different From Statement of Financial Position | €1.50B | €1.25B |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | €3.8M | €20.3M |
| Changes In Inventories of Finished Goods and Work In Progress | -€61.0M | -€72.5M |
| Comprehensive Income Attributable To Noncontrolling Interests | €30.1M | €35.9M |
| Comprehensive Income Attributable To Owners of Parent | €210.0M | €268.9M |
| Current Derivative Financial Assets | €25.5M | €22.3M |
| Current Derivative Financial Liabilities | €6.1M | €10.1M |
| Current Provisions For Employee Benefits | €46.0K | €557.0K |
| Current Tax Assets Current | €35.1M | €37.0M |
| Current Tax Assets Noncurrent | €7.8M | €10.0M |
| Current Tax Liabilities Current | €132.3M | €63.1M |
| Current Tax Liabilities Noncurrent | €4.1M | €4.0M |
| Deferred Tax Assets | €210.5M | €228.7M |
| Depreciation Amortisation and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €589.8M | €575.0M |
| Dividends Recognised As Distributions To Owners Per Share | €0.25 | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -€34.6M | -€8.2M |
| Equity and Liabilities | €13.35B | €13.68B |
| Finance Income | €106.9M | €136.3M |
| Financial Assets At Fair Value Through Profit Or Loss | €79.9M | €166.0M |
| Gains Losses On Cash Flow Hedges Before Tax | €14.3M | €1.3M |
| Gains Losses On Exchange Differences On Translation Before Tax | -€258.1M | -€169.3M |
| Gains On Disposals of Investments | €2.3M | €0 |
| Impairment Loss Impairment Gain and Reversal of Impairment Loss Determined In Accordance With IFRS9 | -€4.6M | €10.3M |
| Income Tax Relating To Cash Flow Hedges of Other Comprehensive Income | -€1.5M | -€3.8M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | -€1.5M | -€9.5M |
| Income Taxes Paid Refund Classified As Operating Activities | €154.2M | €158.5M |
| Increase Decrease In Cash and Cash Equivalents | €57.4M | €260.6M |
| Increase Decrease Through Transfers From Construction In Progress Property Plant and Equipment | -€2.0M | -€2.1M |
| Investment Accounted For Using Equity Method | €141.4M | €120.8M |
| Issued Capital | €2.07B | €1.90B |
| Losses On Disposals of Investments | €21.0K | €0 |
| Noncurrent Derivative Financial Assets | €0 | €4.3M |
| Noncurrent Financial Assets Measured At Fair Value Through Other Comprehensive Income | €37.6M | €63.3M |
| Noncurrent Provisions For Employee Benefits | €171.8M | €184.0M |
| Other Adjustments For Noncash Items | -€61.6M | -€69.5M |
| Other Comprehensive Income | -€290.7M | -€196.3M |
| Other Comprehensive Income Before Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income | -€13.1M | €9.8M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | -€5.4M | -€38.6M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -€273.7M | -€177.0M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | -€16.9M | -€19.4M |
| Other Current Payables | €375.6M | €392.7M |
| Other Current Receivables | €384.1M | €444.0M |
| Other Expense By Nature | €2.26B | €2.23B |
| Other Longterm Provisions | €84.8M | €101.1M |
| Other Noncurrent Payables | €78.1M | €79.9M |
| Other Noncurrent Receivables | €322.0M | €309.5M |
| Other Shortterm Provisions | €47.3M | €31.4M |
| Proceeds From Sales of Intangible Assets Classified As Investing Activities | €0 | €4.0K |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | €3.3M | €2.2M |
| Reclassification Adjustments On Cash Flow Hedges Before Tax | €20.9M | €17.1M |
| Reclassification Adjustments On Exchange Differences On Translation Before Tax | -€3.0M | €0 |
| Revenue From Dividends | €34.3M | €3.9M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Before Tax | -€13.6M | €4.4M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | €16.1M | €27.5M |
| Surplus Deficit In Plan | €85.0M | €93.8M |
| Trade and Other Current Payables To Trade Suppliers | €2.08B | €2.08B |
Methodology
Every line item above is a fact tagged in PIRELLI & C. S.P.A.'s annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.