BRIEF-Pirelli says Italy's 'golden power' ruling ensures U.S. regulatory compliance

May 7 (Reuters) - Pirelli says in a slide presentation and in call with analysts on first quarter results:

  • PIRELLI: RECENT GOLDEN POWER MEASURES STRENGTHEN CO'S INDIPENDENCE AND ENSURE U.S. REGULATION COMPLIANCE - SLIDE

  • PIRELLI: EFFICIENCY AND MITIGATION PLAN ENSURED 43 MILLION EURO GAIN IN Q1 - SLIDE

  • PIRELLI: CONTINGENCY MEASURES ACTIVATED, IN ADDITION TO EFFICIENCY PLAN, TO OFFSET MIDDLE EAST CRISIS IMPACT FROM Q2 - SLIDE

  • PIRELLI CEO: WE ADJUSTED TRADE FLOWS AWAY FROM THE STRAIT OF HORMUZ, VIA RED SEA AND THEN OVERLAND THROUGH UAE AND OMAN, WITH MANAGEABLE COST IMPACT

Further company coverage: PIRC.MI


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