Michelin : February volumes improving a little, Q1 still seen as the trough
>February data improving vs January on easier comps, Q1 still seen as the trough - Michelin yesterday evening released tyre market data for the month of February which show an improvement vs January (very weak figures) but nonetheless confirm overall relative weakness in the early months of 2023. This data should, however, not surprise as figures are broadly in line with comments made during earnings calls from various industry participants in past weeks. As indicated...
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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