Report
Michael Foundoukidis

Michelin : Postview CMD : une conviction encore renforcée, toujours un Top Pick

>Un CMD convaincant et un curseur désormais placé sur l’exécution - Nous avons trouvé les réponses du management convaincantes sur les thématiques clés de l’equity story, à savoir la compétitivité du groupe, ses perspectives de croissance, son leadership technologique ou encore la transformation du profil, accélérée à travers les récentes opérations de M&A. Ainsi, après cet évènement, le curseur nous semble désormais encore davantage placé sur l’exécution que sur l’or...
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
Michael Foundoukidis

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