By David Sachs
Pirelli backed its full-year guidance after revenue fell slightly in the first quarter on unfavorable currency exchange rates.
The Italian tire maker said Thursday that revenue was 1.695 billion euros ($1.82 billion) compared with EUR1.70 billion a year prior. Analysts had forecast revenue at EUR1.68 billion, according to the company-compiled consensus.
Pirelli confirmed its full-year guidance.
Write to David Sachs at david.sachs@wsj.com
(END) Dow Jones Newswires
05-09-24 1223ET