Pirelli Tyre confirms targets despite weak market

Newswire

MILAN, June 30 (Reuters) - Italy's Pirelli & C confirmed on Monday its targets for its tyre business despite a decline in car sales in western Europe. "We are working on growing where there is a sustained demand, to improve the profit mix and to reduce costs," Chairman Marco Tronchetti Provera told reporters on the sidelines of an event. "Therefore we believe we can meet our targets." Pirelli Tyre has forecast slightly higher results for the year. Tronchetti said Pirelli wanted to ...

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