Michelin : Lower volumes but better price-mix in H1 and over the FY
>OK consensus on H1, probably still too high over the full year (-3%) - Michelin's group pre-close call, held yesterday evening ahead of the interim results (published on 24 July AMC), allowed the tyre manufacturer to confirm, unsurprisingly, its full-year targets despite a weaker-than-expected volume dynamic and thanks, conversely, to a price/mix that is undoubtedly even better (environment, selective commercial policy). These trends will likely be observed in H1 (vo...
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