Tag: Michelin
Michelin will reduce its truck tire production capacity by 15% – 04/24/2024 at 7:12 p.m.
Stopping by Michelin MICP.PA of its production of heavy-duty tires in Olsztyn (Poland) and Shenyang (China) will reduce its global production capacity for these products by 15%, the financial director…
Michelin: turnover down 4.6% in Q1 due to sluggish demand, objectives confirmed – 04/24/2024 at 7:25 p.m.
54th Air and Space Show at Le Bourget airport near Paris Michelin reported on Wednesday a turnover down 4.6% in the first quarter, weighed down by weak demand, in particular…
Michelin: decline in sales in the 1st quarter
(AOF) – Michelin announces a turnover down 4.6% in the 1st quarter to 6.64 million euros. The tire specialist cites in particular falling tire volumes (-4.1%) due to certain declining…
Michelin: decline in sales, forecasts unchanged
(CercleFinance.com) – Michelin reports that its total sales reached €6,642 million in the 1st quarter, down 4.6% compared to the same period a year earlier, due to lower volumes, as…
Michelin reduces its truck tire production in the face of competition from Asia – 04/24/2024 at 8:51 p.m.
* -15% global production capacity for heavy-duty tires * The Polish site in Olsztyn will specialize in car tires * Strong competition from “budget” truck tires imported from Asia *…
Michelin reduces its truck tire production in the face of competition from Asia – 04/24/2024 at 8:54 p.m.
A tire produced by the French company Michelin is on display at a dealership in Moscow by Gilles Guillaume The cessation by Michelin of its production of heavy-duty tires in…
Michelin: freewheeling
By Writing Published on 04/17/2024 at 11:31 a.m. Photo credit © Michelin (Boursier.com) — Michelin camped below…
Michelin promises a decent salary, but not the sustainability of the sites
It’s a social innovation just as Michelin likes it. The French tire manufacturer announces “the deployment of the living wage on a global scale”. For its president, Florent Menegaux, in…
In La Roche-sur-Yon, hydrogen instead of Michelin tires
Michelin employees throw tires on fire after the announcement of the closure of the La Roche-sur-Yon site, October 10, 2019. LOIC VENANCE / AFP It is an internal working document…
Michelin: Jefferies downgrades
(AOF) – Jefferies lowered its recommendation from Hold to Underperform and raised its price target from 28 euros to 30 euros on Michelin as part of a study on tire…
Michelin: moon goal!
By Hector Chaunu Published on 04/05/2024 at 1:50 p.m. Photo credit © Boursier.com (Boursier.com) — NASA has…
Michelin: Oddo BHF raises its price target
(CercleFinance.com) – Oddo BHF maintains its ‘outperform’ rating on the Michelin share with a price target raised from 38 to 40 euros. The analyst reports that Michelin management anticipates a…