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Compagnie Générale des Établissements Michelin (ML.PA)
| Previous close | 36.02 |
| Open | 36.12 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 35.67 - 36.28 |
| 52-week range | 25.60 - 36.29 |
| Volume | |
| Avg. volume | 1,444,295 |
| Market cap | 25.672B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 3.51 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Reuters
Michelin's first-quarter sales fall on weak volumes
Michelin CFO Yves Chapot said that the group's worldwide production capacity for truck tyres would be reduced by 15%, following the planned conversion to passenger tyre manufacturing of its Shenyang site in China and Olsztyn plant in Poland, adding to the shutdown of two German facilities announced late 2023. "Michelin's priority is to support people during these transitions," the group said. The shutdown of truck tyre production in Olsztyn will have no impact on jobs, a Michelin spokesperson told Reuters.
- Simply Wall St.
3 French Dividend Stocks With Yields Up To 8.6%
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- Fortune
French tire maker Michelin rolls out its own global living wage after minimum wages left staff in ‘survival mode’
Michelin will set its own base salary that will be double or even triple the minimum wage in some jurisdictions.
