News

Michelin Q1 sales fall 2.4%

Group Michelin posted net sales of 4.76 billion euros for the first quarter ended March 31, 2014. That compares to sales of 4.88 billion euros for the same period the previous year.

News

Michelin earnings and sales drop in 2013

Group Michelin posted net income of 1.1 billion euros on net sales of 20.2 billion euros for its fiscal year ended Dec. 31, 2013. That compares to income of nearly 1.6 billion euros on sales of nearly 21.5 billion euros for fiscal 2012.

News

Net sales drop 8.1% for Michelin in 1Q

Groupe Michelin posted net sales of 4.9 billion euros for the first quarter ended March 31, 2013. That compares to sales of 5.3 billion euros for the same period the previous year.

Michelin's volumes were down, but its sales and profitability were up.
News

Michelin: 7.3% income-to-sales ratio!

Groupe Michelin posted net income of more than 1.5 billion euros on net sales of close to 21.5 billion euros for its fiscal year ended Dec. 31, 2012. That compares to income of more than 1.4 billion euros on sales of 20.7 billion euros for fiscal 2011.

News

Michelin sales: up for 3Q and through 3 quarters

Groupe Michelin posted net sales of 5.4 billion euros for the third quarter of its 2012 fiscal year ended September 30, 2012. That compares to sales of 5.1 billion euros for the same period last year.

News

'We want nearly 70% more premium tire capacity'

Over the summer, Groupe Michelin reviewed its capital expenditure program and 2015 financial outlook. The review followed the group’s "robust interim 2012 earnings performance," which reflected its strategic vision, its competitive strengths and its management.

News

Michelin finishes first half with $1.1 billion profit

Groupe Michelin posted net income of 915 million euros on net sales of 10.7 billion euros for the first half ended June 30, 2012. That compares to income of 667 million euros on sales of 10.1 billion euros for the same period last year.

News

Michelin sales are up based on euros only

Groupe Michelin posted net sales of 5.3 billion euros for the first quarter of its 2012 fiscal year ended March 31, 2012. That compares to sales of 5 billion euros for the same period last year.

News

One word for Michelin's profit in 2011: Wow!

Groupe Michelin recorded net income of more than 1.4 billion euros on net sales of 20.7 billion euros for its fiscal year ended Dec. 31, 2011. That compares to income of 1 billion euros on sale of 17.9 billion euros for fiscal 2010.

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