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Michelin (MCHA.F)

Frankfurt - Frankfurt Delayed price. Currency in EUR
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37.23+0.08 (+0.22%)
As of 08:20AM CEST. Market open.
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Previous close37.15
Open37.23
Bid37.35 x N/A
Ask37.36 x N/A
Day's range37.23 - 37.23
52-week range25.77 - 37.52
Volume115
Avg. volume237
Market capN/A
Beta (5Y monthly)N/A
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Simply Wall St.

    3 High-Yield Dividend Stocks On Euronext Paris With Up To 7.0% Yield

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  • Reuters

    Michelin targets margin of 14% by 2026, cuts non-tyres business goals

    French tyre maker Michelin said on Tuesday it was targeting a segment operating margin of 14% by 2026, citing sales of higher value-added tyres particularly for sports utility vehicles (SUVs) and electric cars. The group, whose operating margin came to 12.6% in 2023, said at an investor day on Tuesday that a recovery in volumes, a strong product mix effect and growth in sales excluding tyres should enable it to achieve segment operating income of 4.2 billion euros ($4.57 billion) in 2026, compared with 3.6 billion last year. This target now includes tyre distribution alongside connected solutions, polymers and "lifestyle", which means that it has almost been reached, since non-tyre manufacturing activities already account for 16% of sales.

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