Michelin : September volumes: at last some positive signals regarding destocking
>At last a light at the end of the tunnel on the destocking front - Michelin has released tyre market data for September which is still down but with Michelin mentioning at last some positive signals regarding the end of the destocking process, notably in Europe, which has weighed in the past months. This echoes some comments in a similar direction we had from peers in recent weeks and should be seen as positive.Expectations for both Q3 and FY seem well ...
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