Michelin sees H1 profits fall but retains outlook

Michelin has reported year-on-year declines in revenue and profitability in the first six months of 2013, although management views these trends as being in line with expectations and remains confident of improvements in the remaining half of the year. Global tyre markets were positive overall in the first half of 2013, Subscribe to Automotive World … Continued

• By Megan Lampinen
• July 25, 2013