UPDATE 1-Michelin boosts Q1 sales 3.9 percent

Newswire

PARIS, April 26 (Reuters) - Europe's biggest tyre maker Michelin posted a 3.9 percent rise in first-quarter sales on Monday, as demand picked up, and said it was confident it could improve operating performance in 2004. The French firm 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 versus the U.S. dollar. A consensus of analysts' ...

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