Michelin posts Q1 sales up 3.9 percent

Newswire

PARIS, April 26 (Reuters) - French tyre-maker Michelin posted a 3.9 percent rise in first-quarter sales on Monday as demand recovered but a weak dollar kept a lid on growth, and said it was confident in its capacity to improve its operational performance in 2004. Europe's biggest tyre-maker said in a statement sales totalled 3.799 billion euros in the three months to end-March compared to 3.655 billion euros previously. Revenues jumped 9.5 percent stripping out the effect of a strong euro ...

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