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Pirelli, profit and dividend growth

Their operating margin (Ebitda) before restructuring costs amounted to 1,168 billion euros, up 6,7% compared to 2013.

Pirelli, profit and dividend growth

Pirelli closes 2014 with a net profit of 332,8 million euros (+8,9%), after the impact of Venezuela equal to 72 million euros and adjustment of the value of financial investments. This was communicated by the company itself at the end of the board of directors held today. At the consolidated level, revenues as at 31 December 2014 exceeded 6 billion euros, with organic growth of 5,9%. Their operating margin (Ebitda) before restructuring costs amounted to 1,168 billion euros, up by 6,7% compared to 2013. The operating result (Ebit), on the other hand, again before restructuring costs, amounted to 869,2 7,3 million euros, up by XNUMX%.

Pirelli's board of directors proposes to the shareholders' meeting the distribution of a dividend of 0,367 euro per ordinary share (up compared to 0,32 euro last year) and 0,431 euro for savings shares (0,39 euro in the previous year). This can be read in a note released by the company at the end of the board meeting held today.

In mid-afternoon the Pirelli title loses almost half a point in Piazza Affari, a €15,51 per share. 

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