Compagnie Generale des Etablissements Michelin SCA operates in the Tires and inner tubes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Michelin with three other
major tire companies:
sales of 40.50 billion Euro [US$42.86 billion]
Goodyear Tire & Rubber Co
of the United States
(2015 sales: $16.44 billion
of which 47%
was North American Tire), and
based in Japan
(2015 sales of 3.79 trillion Japanese Yen [US$32.82 billion]
of which 84%
Note: not all of these companies have the same fiscal year: the most recent data for each company are being used.
Michelin reported sales of 21.20 billion Euro (US$22.43 billion)
December of 2015.
increase of 8.4%
versus 2014, when the company's sales were 19.55 billion Euro.
Sales of Passenger Cars and Light Trucks saw an increase
14.6% in 2015, from
10.50 billion Euro to 12.03 billion Euro.
Not all segments of Michelin experienced an increase in sales in 2015:
sales of Other Businesses fell 1.0% to 2.94 billion Euro.