UPDATE 3-Michelin ups margin goal, sets shares on a roll

Newswire

(Adds detail throughout, Finance Director quote, updates shares) By Jean-Michel Belot PARIS, July 30 (Reuters) - French tyre maker Michelin raised its operating margin target for 2002 on Tuesday as it posted better than expected first-half profits, sending its shares up as much as six percent in early trading. Europe's largest tyre manufacturer said that excluding a worsening in the tyre market, or in exchange rate and raw material conditions, it expected an operating margin between ...

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