Report
Anthony Dick ...
  • Michael Foundoukidis

Michelin : Un momentum meilleur que prévu

>Estimations relevées en hausse face au solide momentum - Après la publication de solides données de marchés (mai) et dans un contexte qui nous semble toujours très porteur (prix, mix) pour Michelin et les manufacturiers en général, nous relevons nos estimations d’EBIT de 3% sur l’année (+5% sur 2022, impact BPA plus fort sur 2021 lié à Solesis) et nous situons désormais 3% au-dessus des attentes (+4% sur 2022).OC relevé à 160 €, Michelin reste un Top Pi...
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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