Report
Anthony Dick ...
  • Michael Foundoukidis

Michelin : Un CMD qui confirme que le meilleur reste à venir

>Les atouts du groupe et la pertinence de la stratégie confortés - Michelin organisait hier son CMD destiné à présenter ses objectifs 2023 mais aussi à dévoiler sa stratégie long terme et notamment ses perspectives dans le pneu (premium, VE, …), autour du pneu (services) et même au-delà du pneu (hydrogène, matériaux, etc.) en cohérence avec l’objectif de diversification de 20-30% du CA hors pneu en 2030 (vs 5% en 2019). Nous ressortons confortés dans notre opinion fav...
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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