Report
Anthony Dick ...
  • Michael Foundoukidis

Michelin : Une vraie bonne surprise

>CA T3 meilleur grâce aux volumes et prix-mix, guidance 2020 relevée - Michelin a publié un CA T3 légèrement meilleur que prévu (5 531 M€ vs css à 5 466 M€ et ODDO BHF à 5 516 M€) grâce à une dynamique sur les volumes et le prix/mix plus solide qu’anticipé et malgré un contexte devises très défavorable qui pèsera sur l’ensemble du S2 2020. Surtout, suite à cette publication et encouragé par cette reprise plus forte des marchés pneumatiques (hors spécialités), le group...
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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