Pirelli Targets Return to Pre-Pandemic Level as Soon as 2022

(Bloomberg) — Italian tire maker Pirelli SpA is targeting a return to pre-pandemic levels as soon as next year, as the company set new medium-term goals and targeted increased investment in high-value products. Pirelli, whose biggest investor is China National Chemical Corp Ltd, or ChemChina, said on Wednesday that it sees 2022 revenue at about 5.1 billion euros ($6 billion) to 5.3 billion euros.

Source: BloombergQuint