Compagnie Générale des Établissements Michelin (ML.PA)
| Previous close | 35.99 |
| Open | 35.67 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 35.40 - 35.99 |
| 52-week range | 25.60 - 36.29 |
| Volume | |
| Avg. volume | 1,444,295 |
| Market cap | 25.636B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 3.51 |
| EPS (TTM) | N/A |
| Earnings date | 24 Jul 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 35.30 |
ReutersMichelin'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.
GlobeNewswireMichelin: Q1 sales down 2.7% at constant exchange rates, on soft volumes as expected. Strong mix development reflecting performance in value-accretive segments. 2024 full-year guidance unchanged.
Clermont-Ferrand – April 24, 2024 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINFinancial information for the three months ended March 31, 2024 Consolidated first-quarter 2024 sales down 2.7% at constant exchange rates, on soft volumes as expected. Strong mix development reflecting Group performance in the most value-accretive segments. 2024 full-year guidance unchanged. Global sell-in markets edged up slightly, led by Replacement demand. PC/LT tire demand grew by 2% thanks to robust Replacement
- GlobeNewswire
Michelin : Disclosure of trading in own shares - April 24th 2024
23, Place des Carmes-Déchaux - 63000 CLERMONT-FERRAND Information about securities repurchasing programRegulated informationIssuer social denomination: Michelin – LEI 549300SOSI58J6VIW052 Types of securities: ordinary shares – Code ISIN FR 0000121261Date : April 24th, 2024 Issuer NameIssuer codeTransactiondateISIN CodeDaily total volume (in number of actions)Daily weighted average price of shares acquiredPlatformCompagnie Générale des Etablissements Michelin549300SOSI58J6VIW05224.04.2024FR001400
