Michelin Q1 sales edge up, Europe demand slow


PARIS, April 26 (Reuters) - French tyre maker Michelin posted almost flat first-quarter sales on Tuesday, reflecting slowing demand in Europe and a tough year-on-year comparison. Michelin said it made sales of 3.6 billion euros in the first three months of 2005, down 0.2 percent from the year-ago period. A Reuters poll of 9 analysts had forecast, on average, sales of 3.691 billion euros.

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