Michelin Q1 sales rise, at top of expectations

Newswire

PARIS, April 24 (Reuters) - First-quarter sales at Michelin rose 5.5 percent to 4.2 billion euros, the French tyre group said on Tuesday, at the high end of market forecasts. According to a poll of 13 analysts conducted by the company itself, the average forecast was for 4.121 billion euros with individual forecasts ranging between 4.043 billion and 4.219 billion. Michelin maintained its 2007 outlook.

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