Core Business Becomes Priority For Pirelli

Italian tyre maker Pirelli has posted a net profit of EUR112.6mn for 2009, marking a strong reversal from the EUR189.5mn loss reported in 2008. The company claims that its performance in its core tyre division was particularly impressive as revenues surpassed targets of around EUR3.90bn, to EUR3.99bn, despite a marginal fall of 1.6% year-on-year (y-o-y) during the

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