Pirelli reports 7.4% net profit growth, rebalances ownership of Hixih joint ventures

On 5 November, Pirelli & C. S.p.A. posted 9-month 2026 results showing revenues of 5,278.0 million euro, up +1.6 per cent compared with first nine months of 2025 (5,195.2 million euro). At the same time, sales of so-called High Value tyres amounted to 82 per cent of sales, up from 79 per cent in first nine months of 2025. That resulted in better price mix and therefore net profit grew +7.4 per cent to 430.2 million euro up from 400.6 million euro in first nine months of 2025.