Michelin H1 net falls 31 percent


PARIS, July 30 (Reuters) - French tyre maker Michelin said on Tuesday that net profit fell 31 percent in the first half of the year, due to an exceptional gain which boosted last year's bottom line, and raised its margin target for the full-year. Europe's largest tyre manufacturer said net profit fell to 254.1 million euros in the six month period, while operating profit pushed up 16 percent to 569.6 million euros. The figures were better than a consensus forecast for net profit of 216 ...

Premium Content (PAID Subscription Required)

"Michelin H1 net falls 31 percent" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×