Michelin’s Q1 sales decline 6.3% y/y to USD6.4 billion
Sales decline due to 2.3% y/y decrease in volumes and negative currency effect
Michelin’s sales declined 6.3% year over year (y/y) to EUR5.2 billion (USD6.4 billion) in the first quarter ended 31 March 2018, the French tire-maker said in a press release yesterday (25 April).
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