Report
Anthony Dick ...
  • Michael Foundoukidis

Michelin : Un pricing power qui ne se dément pas

>Un CA T1 solide, soutenu comme attendu par les hausses de prix - Michelin a publié, hier soir, un CA T1 en hausse de 16% en organique à 6 481 M€, légèrement supérieur aux attentes (consensus : 6 338 M€, ODDO BHF : 6 333 M€), notamment soutenu par un impact prix/mix record (+13.5%) qui a confirmé la gestion très stricte du groupe dans le contexte inflationniste actuel (+11.9% pour le seul prix). Ceci a, d’ailleurs, plus que compensé des volumes (+0.5%) faibles, notamm...
Underlying
Compagnie Generale des Etablissements Michelin SCA

Compagnie Generale des Etablissements Michelin is active in the tire and mobility-related service markets. Co. manufactures, distributes and sells tires for all kinds of vehicles, publishes maps and guides and operates a number of services. Co.'s operates in three segments: Passenger car/Light truck tires and related distribution; Truck tires and related distribution and Specialty businesses segment including tires for specialty vehicles and maps and guides. Co. distributes its products through two tire distribution networks: Euromaster (Europe) and TCI (U.S.A.) and its brands include Michelin, BFGoodrich, Kleber, Uniroyal, Warrior, Kormoran, Riken, Taurus and Tigar.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Anthony Dick

Michael Foundoukidis

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