France: Michelin’s Q3 revenue rises 10.6%

Michelin has reported revenue of €5,141m (US$7.15bn) in the quarter ended 30 September 2011, an increase of 10.6% from the €4,648m recorded in the same quarter of 2010. Of the €493m increase in revenue, higher tyre sales volume contributed €153m (3.3%) and price/mix €568m (11.9%). These positives were offset by Subscribe to Automotive World to … Continued

• By Webmaster
• October 27, 2011