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 44.40 billion Euro [US$47.90 billion]
of which 25%
Goodyear Tire & Rubber Co
of the United States
(2019 sales: $14.75 billion
of which 54%
was Americas), and
based in Japan
(2019 sales of 3.53 trillion Japanese Yen [US$32.08 billion]
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 24.14 billion Euro (US$26.04 billion)
December of 2019.
increase of 9.6%
versus 2018, when the company's sales were 22.03 billion Euro.
This was the third consecutive year of growth at Michelin.
Sales of Specialty Activities and Associated Dist saw an increase
that was more than double the company's growth rate: sales were up
20.7% in 2019, from
4.84 billion Euro to 5.84 billion Euro.