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Analyst Research Report Snapshot


Compagnie Generale des Etablissements Michelin






06 Jul 2015





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Compagnie Generale des Etablissements Michelin (Michelin or "the company") is a manufacturer and seller of tires. It also offers electronic mobility support services and publishes travel guides, hotel and restaurant guides, maps and road atlases. The company has operations in 170 countries worldwide. It is headquartered in Clermont-Ferrand, France and employed 111,190 people as on December 31, 2013. The company recorded revenues of E20,247 million ($26,888 million) during the financial year ended December 2013 (FY2013), a decrease of 5.7% compared to FY2012. The operating profit of the company was E2,234 million ($2,966.8 million) in FY2013, a decrease of 9.8% compared to FY2012. The net profit of the company was E1,127 million ($1,496.7 million) in FY2013, a decrease of 24.4% compared to FY2012.

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