Michelin’s FY 2019 net income up 4.2% y/y to USD1.9 billion

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Financial results

Sales up 9.5% y/y

French tire manufacturer Michelin has reported a 4.2% year-on-year (y/y) growth in net income to EUR1.7 billion (USD1.9 billion) for the fiscal year ended 31 December 2019, the company announced in a press release on 10 February

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