(Adds further details, valuation, conference call comment) By Marcel Michelson PARIS, April 25 (Reuters) - The world's biggest tyre group Michelin reported a 10.2 percent rise in first quarter sales on Tuesday, beating analysts' forecasts as it increased prices to offset higher rubber costs. Michelin said it had raised the expected impact of the spike in raw materials such as rubber for 2006 to 540 million euros ($670.8 million) from 370 million, but maintained a forecast of a higher ...
Premium Content (PAID Subscription Required)
"UPDATE 2-Michelin Q1 sales top forecasts, aims to up prices" 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: email@example.com or phone: (248) 799-2642