Michelin : S’il ne devait en rester qu’une…
>La guidance abandonnée, des prévisions à nouveau abaissées - Suite à la publication de marchés pneumatiques très faibles à fin février (-10%) et face à la dégradation encore à venir, Michelin a annoncé, sans grande surprise, renoncer à ses objectifs 2020 dans ce contexte de crise systémique, sans pour autant être en mesure d’en donner de nouveaux à ce stade compte tenu de la forte incertitude (rdv fin avril lors de la publication du T1). Nous avons révisé en baisse n...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.
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.
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