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 40.55 billion Euro [US$48.50 billion]
of which 26%
Goodyear Tire & Rubber Co
of the United States
of which 54%
was Americas), and
based in Japan
(3.34 trillion Japanese Yen [US$30.07 billion]
of which 83%
Michelin reported sales of 20.91 billion Euro (US$25.01 billion)
December of 2016.
decrease of 1.4%
versus 2015, when the company's sales were 21.20 billion Euro.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Michelin had sales
of 20.72 billion Euro.
Contributing to the drop in overall sales was the 4.2% decline
in Heavy Trucks, from 6.23 billion Euro to 5.97 billion Euro.
There were also decreases in sales in
Other Businesses (down 3.6% to 2.84 billion Euro)
However, these declines were partially offset by the increase in sales of
Passenger Cars and Light Trucks (up 0.6% to 12.11 billion Euro)