Report
Anthony Dick ...
  • Michael Foundoukidis

Michelin : March market figures unsurprisingly confirm strong rebound

>Solid volumes datapoints ahead of Q1 revenues release next week - Michelin released March market figures yesterday evening which were as expected largely impacted by easy comps following last year lock-down measures. Overall, volumes rebound remains strong for tyres despite supply disruptions. Also interesting to note that ML does not mention any more US Asian imports pre-buy (as it did in past months), confirming that this may be over and that it is now their ...
Underlying
Compagnie Generale des Etablissements Michelin SCA

Compagnie Generale des Etablissements Michelin is active in the tire and mobility-related service markets. Co. manufactures, distributes and sells tires for all kinds of vehicles, publishes maps and guides and operates a number of services. Co.'s operates in three segments: Passenger car/Light truck tires and related distribution; Truck tires and related distribution and Specialty businesses segment including tires for specialty vehicles and maps and guides. Co. distributes its products through two tire distribution networks: Euromaster (Europe) and TCI (U.S.A.) and its brands include Michelin, BFGoodrich, Kleber, Uniroyal, Warrior, Kormoran, Riken, Taurus and Tigar.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Anthony Dick

Michael Foundoukidis

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