Italy's Pirelli H1 op profit seen rising

Newswire

MILAN, July 23 (Reuters) - Italian industrial group Pirelli is expected to report first-half operating profit up by more than a quarter thanks to a strong performance by its tire business, analysts said on Friday. Pirelli, which publishes its results on July 29, is seen reporting earnings before interest and tax (EBIT) of 179 million euros ($219.5 million), up 26.1 percent from the same period last year, according to the median of forecasts by six analysts polled by Reuters. Revenues ...

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