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

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

Thank you for visiting IHS Automotive AutoTechInsight.

*A subscription to News & Analysis includes four IHS Markit-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Services. Please click here to subscribe.

For a free daily listing of headlines with limited access please sign up here.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload