Cie Generale des Etablissements Michelin SA

ML

Equity

ISIN FR001400AJ45 / Valor 119105381

Euronext - Euronext Paris (2024-12-23)

EUR 31.76-0.59%

Cie Generale des Etablissements Michelin SA
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About company

Cie Generale des Etablissements Michelin SA, commonly known as Michelin, is a global leader in tire manufacturing, renowned for its significant contributions to the automotive industry since its inception in 1900. Beyond its core business of producing a wide range of tires for various types of vehicles—including passenger cars, trucks, motorcycles, and aircraft—Michelin has been diversifying its operations to embrace high-tech materials and innovative technologies. The company is actively expanding its expertise into new markets with high technological potential, such as construction, aeronautics, low-carbon energies, and healthcare, through its "Michelin in Motion" strategy. This strategic direction underscores Michelin's commitment to leveraging strategic partnerships for developing breakthrough innovations, particularly in areas like flexible composite products, Engineered Polymers, and hydrogen solutions. Additionally, Michelin continues to influence the hospitality industry through its MICHELIN Guide, establishing itself as an international authority in recommending outstanding restaurants and hotels. Through these endeavors, Michelin aims to supply solutions for demanding applications across various sectors, thereby reinforcing its position as a multifaceted supplier beyond its traditional tire manufacturing domain.

Summarized from source with an LLMView SourceSector: Non-Energy Materials

Latest Results ():

Summarized from source with an LLMView Source

Key figures

-2.01%1Y

-11.3%3Y

15.3%5Y

Performance

19.3%1Y

24.6%3Y

27.8%5Y

Volatility