Report
Anthony Dick ...
  • Michael Foundoukidis

Michelin : A convincing strategy that continues to pay off

>Strengths highlighted at the CMD, strategic focuses intact - At its CMD, Michelin’s management reiterated its strategy, and notably the priority given to innovation, value but also competitiveness. The new targets for 2026 beat expectations (+5% for EBIT, for instance) and reflect the earnings growth upside that is still present. Beyond this, management presented a more pragmatic approach on M&A, albeit without renouncing its aim to diversify outside tyres (composite...
Underlying
COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN

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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