Michelin : February volumes confirm improving volumes momentum vs Q4 trends
>Reassuring monthly figures, confirming the better start to the year volumes wise - Overall, excluding the exceptional month in China linked to the timing of the New Year this year (February vs January in 2023), we see these monthly figures as reassuring and confirming a likely better momentum this year. As a reminder, Michelin management based its FY financial outlook on a stable market scenario in the middle of the range (-2%/+2% in the three segments), which points...
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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