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Pirelli lifts 2022 sales guidance

MILAN – Italian tyremaker Pirelli on Thursday lifted its 2022 sales forecast, citing the resilience of its business model and measures put in place against market volatility.

The manufacturer of tyres for Formula One and high-end carmakers such as BMW and Audi expects to book revenues of around 6.5 billion euros ($6.33 billion) this year compared with a previous guidance range of between 6.2-6.3 billion euros. ($1 = 1.0262 euros)

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