Michelin increased revenue by 8.5% to €10.5bn and EBIT by 8.9% to €1.26bn. While revenue is slightly ahead of our projection (€10.2bn), EBIT is clearly higher (€1.12bn).
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Surprisingly good H1 numbers in a difficult market
- Published:
28 Jul 2015 -
Author:
Hans-Peter Wodniok -
Pages:
2
Michelin increased revenue by 8.5% to €10.5bn and EBIT by 8.9% to €1.26bn. While revenue is slightly ahead of our projection (€10.2bn), EBIT is clearly higher (€1.12bn).