Frankfurt - Delayed Quote • EUR Michelin (MCHA.F) Follow Compare 34.12 +1.56 +(4.79%) At close: 10:02:54 AM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations 3 Dividend Stocks To Consider With Yields Up To 7.4% In a week marked by tariff uncertainties and softer-than-expected job growth, global markets experienced mixed performances, with U.S. indices mostly declining while European stocks showed resilience. Amid these fluctuating conditions, dividend stocks can offer investors potential stability and income through regular payouts, making them an attractive consideration in times of economic uncertainty. Michelin (MGDDF) Full Year 2024 Earnings Call Highlights: Navigating Challenges and Advancing ... Despite a decline in sales, Michelin (MGDDF) showcases strong cash flow and sustainability progress while preparing for market uncertainties in 2025. French tire maker Michelin beats revenue estimates Investing.com -- French tire maker Michelin (EPA:MICP) reported a slightly better than expected full year revenue, that came in at €27.19 billion while analysts’ were expecting it to be €27.16 billion. The company also set a 2025 target of €1.7 billion in free cash flow before acquisitions. Michelin's US investments won't affect Europe, CFO says (Reuters) -French tyre maker Michelin's plans to accelerate investments in the United States to reduce the potential impact of tariffs will not affect its strategy in Europe, Chief Financial Officer Yves Chapot said on Wednesday. Reported plans to ramp up production at its 35 U.S. sites in response to President Donald Trump's trade tariffs will help to meet more than the 70% of U.S. demand accounted for by local sites in 2024, Chapot told reporters after the company reported full-year results. "We're not going to disinvest in Europe to invest in the United States," he said. Michelin delivered segment operating income of €3.4 billion in 2024 and generated a free cash flow of €2.2 billion, demonstrating its ability to adapt to uncertain market conditions. Clermont-Ferrand – February 12, 2025 – 5:45 pm COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Michelin delivered segment operating income of €3.4 billion in 2024 and generated a free cash flow of €2.2 billion, demonstrating its ability to adapt to uncertain market conditions. Group sales and segment operating income were supported by a powerful improvement in the mix, despite soft tire volumes. Margin at constant exchange rates was maintained at 12.6%. €27.2 billion in sales, with a highly posit Michelin : Disclosure of the total number of voting rights and of the number of shares making up the Company’s capital Clermont-Ferrand, February 11th, 2025 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Partnership Limited by Shares (commandite par actions) having a capital of EUR 352,873,636Registered in the CLERMONT-FERRAND Trade and companies register under number 855 200 887Head office: 23, place des Carmes-Déchaux - 63000 Clermont-Ferrand, France Disclosure of the total number of voting rights and of the number of shares making up the Company’s capital (Articles L.233-8 of the French Commercial Code and 22 Vegan restaurant first to be awarded Michelin star in UK and Ireland Modern European restaurant Moor Hall became only the 10th restaurant across the UK and Ireland to have three. Stocks to watch this week: BP, Barclays, NatWest, AirBnB and Lyft Earnings preview of key companies reporting next week and what to look out for. Michelin sees possible impact on sourcing, investments from Trump tariffs Most of the tyres Michelin sells in the United States are produced locally, a spokesperson for the company told Reuters, highlighting the firm's "strong industrial presence" in the country with 35 facilities. U.S. President Donald Trump said at the weekend he would impose 25% tariffs on goods from Mexico and Canada and 10% on China but on Monday agreed to a 30-day delay in imposing them on the United States' two neighbours. "If confirmed, these measures could potentially impact the Group's sourcing and investment strategy", the Michelin spokesperson said. 3 Reliable Dividend Stocks Yielding Up To 4.8% In a year marked by mixed performances in global markets, with U.S. stocks closing out another strong year despite some volatility and economic indicators showing varied trends, investors are increasingly looking towards reliable income sources such as dividend stocks. As the market navigates through profit-taking phases and economic uncertainties like fluctuating GDP forecasts and manufacturing contractions, dividend-paying stocks can offer stability and regular income streams. The Inaugural MICHELIN Guide Doha 2025 selection is launched today Michelin Guide 2025 Doha Launch This is the launch of Michelin Guide in Doha, Qatar. For hi-res photos click HERE DOHA, Qatar, Dec. 13, 2024 (GLOBE NEWSWIRE) -- The inaugural MICHELIN Guide Doha 2025 was launched at a ceremony in Raffles Doha, recommending 33 establishments in its first edition. “We are delighted to announce The MICHELIN Guide’s arrival in Qatar with our first Guide to Doha,” said Gwendal Poullennec, International Director of the MICHELIN Guide. “Our famously anonymous Inspector 3 Dividend Stocks Offering Yields Up To 5.5% In a week marked by mixed performances across major global indices, growth stocks have outpaced their value counterparts significantly, highlighting the ongoing divergence in market trends. With geopolitical factors and economic data releases creating a dynamic backdrop for investors, dividend stocks continue to offer an appealing avenue for those seeking steady income amid fluctuating markets. In such conditions, selecting high-yield dividend stocks can be a strategic choice for investors... Indian tyremaker CEAT to buy Camso brand from France's Michelin for $225 million Camso, a Canadian brand that Michelin acquired in 2018 for $1.45 billion, makes tyres that are fitted into heavy-duty vehicles such as tractors, harvesters and bulldozers. "The Camso brand is an excellent fit with the growth strategy of CEAT's off-highway tyre business, thereby improving our margin profile," CEAT MD and CEO Arnab Banerjee said. CEAT missed its September-quarter profit estimates on higher material prices and weak demand due to a drop in car deliveries to dealers in the September quarter. Michelin pursues its “Michelin in Motion 2030” strategy and focuses its activities in the construction market on its most valued offerings Clermont-Ferrand – December 6, 2024 Michelin pursues its “Michelin in Motion 2030” strategy and focuses its activities in the construction market on its most valued offerings The Michelin Group is selling its Sri Lanka-based Midigama Tyre Division and Casting Product Division plants that manufacture bias tires and tracks for compact construction equipment, to the CEAT Group, a recognized player that is a better fit to these activities. The sale also includes the Camso brand, a renowned brand in Michelin : Disclosure of trading in own shares - November 13, 2024 Clermont-Ferrand, November 13th, 2024 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINPartnership Limited by Shares (commandite par actions) having a capital of EUR 353,785,433.50 Registered in the CLERMONT-FERRAND Trade and companies registerunder number 855 200 887Head office: 23, place des Carmes-Déchaux - 63000 Clermont-Ferrand, France Disclosure of the total number of voting rights and of the number of shares making up the Company’s capital (Articles L.233-8 of the French Commercial Code and Michelin plans to close two factories in France, affecting 1,250 workers The Cholet and Vannes plants have been struggling with the structural changes in the passenger car, light truck, and truck tyre markets. Michelin to close two French plants in latest blow to Europe's auto sector PARIS (Reuters) -Tyre maker Michelin plans to close two of its French factories, affecting about 1,250 workers, it said on Tuesday as Europe's embattled automotive sector comes under increasing pressure. The French company, founded 135 years ago, cited high costs and cheap Asian competition for the closure of its Cholet and Vannes sites in western France. Michelin's announcement comes just weeks after unions at Europe's largest car manufacturer Volkswagen warned of planned plant closures and peers including Peugeot-maker Stellantis issued hefty profit warnings. Michelin announces its intention to close the CHOLET and VANNES sites, and commits to providing individual support to each employee and to revitalizing the two communities Paris – November 5, 2024 – 9:30 am The Michelin Group announces its intention to close the CHOLET and VANNES sites, and commits to providing individual support to each employee and to revitalizing the two communities The decision had become unavoidable given the structural transformation of the Passenger car & Light truck and Truck tire markets and worsening competitiveness of Europe.The Group is committed to assisting each affected employee by providing them personalized support. The Group will Michelin cuts sales volume forecast as quarterly sales miss estimates Group sales in the third quarter dipped 4.2% to 6.77 billion euros ($7.29 billion) from 7.07 billion euros a year before, below the 6.82 billion forecast in a company-compiled consensus. The French group also said it now expects its sales volumes to fall 4-6% this year, versus a previous forecast for between a 5% contraction and 2% growth. CEO Florent Menegaux said in a statement that adverse factors the company had been facing were increasing, and would lead to "substantial drops in our sales volumes and production reductions". Michelin: Group sales reflected OE markets downcycle across segments and contextual headwinds in Specialties, with continued mix improvement. Clermont-Ferrand – October 23, 2024 – 5:45 pm COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINFinancial information for the nine months ended September 30, 2024 Group sales reflected OE markets downcycle across segments and contextual headwinds in Specialties, with continued mix improvement. Tire sell-in markets rose over the period, inflated by high imports of Asian tires into Replacement markets. OE markets in sharp downward cycle and deteriorating further in Q3. PC/LT tire demand supported by R Performance Overview Trailing total returns as of 2/13/2025, which may include dividends or other distributions. Benchmark is CAC 40 Return MCHA.F CAC 40 YTD +7.16% +10.61% 1-Year +8.10% +7.07% 3-Year +5.02% +16.44%