Michelin

Last price update: 18 Apr 24 18:35 GMT

Price:
EUR35.00
Open:
EUR34.43
Previous close:
EUR34.40
Day's range:
EUR34.43 - EUR35.02
Year's range:
EUR25.60 - EUR36.29
Net Income per Share:
10.24
Price-to-Earnings ratio:
3.42
52-week Price Range:
EUR34.29
Volume:
EUR1,446,238.00
Average volume:
EUR1,433,053.00

Company profile for Michelin

Michelin logo

Compagnie Générale des Établissements Michelin Société en commandite par actions, commonly known simply as Michelin, is a leading tire manufacturer with offices in over 170 countries. Founded in 1863 the company has built a strong portfolio of products that includes tires for cars, racing, biking, motorcycles, scooters, and mopeds used in private sector and professional applications such as freight and people transport, agriculture, construction and industrial, mining and quarries, corporate fleets, tradesmen and professionals, civil and military operations, light rail, and aircraft.

In recent years Michelin has extended its reach beyond just tires, into the realms of mobility solutions, lifestyle products and high-tech materials. Its mobility solutions enable fleet managers, vehicle manufacturers, farmers, distributors and individuals to meet their transport needs, while its lifestyle products include car and bike accessories, shoe soles and sports and leisure gear. Its high-tech materials offer 3D metal printing, specialty, rubber, biosourced and recycled materials.

Michelin has the ambition of becoming the world’s leading player in mobility, by meeting the needs of its customers and pursuing its commitment to innovation, sustainability and safety. To this end, it has invested heavily in research and development and has seen the company become a world-leader in the tire industry. It employs over 110,000 people worldwide and generated revenues of over 20 billion euros in 2017. The firm is also actively engaged in sustainability initiatives, investing heavily in green energy, improving waste management and helping make transportation safer.

It is no wonder Michelin has earned a reputation throughout the world as a leader in the tire industry, offering quality products and services that promote sustainability, safety and innovation.

Stock exchanges:
EURONEXT
Sector:
Consumer Cyclical
Industries:
Auto Parts
Ticker:
ML.PA
ISIN:
FR0000121261
Website:
https://www.michelin.com
Phone:
33 4 73 32 20 00
Origin:
France
Employees:
118,400