Michelin : August volumes once again confirm destocking trends
>OE OK again, replacement destocking still weighing as expected - Michelin has released tyre market data for August which was, as expected, once again characterised by some weakness in the replacement segment, with sell-in still below sell-out currently as part of the destocking process at dealers in both the passenger and truck markets (although some positive signals are emerging on the passenger side, excluding winter tyres). This should come as no surprise and it i...
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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