Italian premium tyremaker Pirelli said on Thursday it had activated a "mitigation plan" to limit the effects of the ongoing Middle East crisis, which includes price increases and additional cost cuts.
Presenting its final full-year 2025 results, the company said actions taken, along with the expectation of a progressive normalisation of input costs and raw material volatility in the second half, allowed it to confirm forecasts for this year, although with an adjusted operating income (EBIT) at the lower end of guidance.
Full-year forecasts Pirelli provided in February included an adjusted EBIT margin at around 16%, a slight improvement versus 2025.
On Thursday Pirelli did not provide details about price increases it is implementing.
