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    ML   FR0000121261

MICHELIN (CGDE)

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Michelin CGDE : airless tire, tested and approved!

09/24/2021 | 07:02am EDT

Mr JWW and Gercollector talk about their experience

A positive feedback confirmed by Cyrille Roget, Michelin Group Technical and Scientific Communications Director: «our greatest satisfaction came at the end of the demonstration when our passengers said they felt no difference compared with conventional tires.»

MICHELIN Uptis, an illustration of MICHELIN's expertise in high-tech materials The need for air is eliminated with a revolutionary structure capable of supporting the vehicle, while also delivering a safe, comfortable ride. This is a technological challenge that Michelin's R&D teams have been able to meet, thanks in particular to the Group's high level of expertise in high-tech materials. The Group intends to take advantage of this expertise acquired over more than 130 years to accelerate the development of new fields beyond tires.

contract.

Disclaimer

Compagnie Générale des établissements Michelin SA published this content on 24 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 September 2021 11:01:00 UTC.


ę Publicnow 2021
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Financials
Sales 2021 22 859 M 26 516 M 26 516 M
Net income 2021 1 808 M 2 097 M 2 097 M
Net Debt 2021 2 994 M 3 473 M 3 473 M
P/E ratio 2021 13,3x
Yield 2021 3,26%
Capitalization 23 917 M 27 746 M 27 743 M
EV / Sales 2021 1,18x
EV / Sales 2022 1,09x
Nbr of Employees 117 540
Free-Float 94,2%
Chart MICHELIN (CGDE)
Duration : Period :
Michelin (CGDE) Technical Analysis Chart | ML | FR0000121261 | MarketScreener
Technical analysis trends MICHELIN (CGDE)
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Last Close Price 134,10 €
Average target price 147,56 €
Spread / Average Target 10,0%
EPS Revisions
Managers and Directors
Florent Menegaux Chief Executive Officer
Yves Chapot Chief Financial Officer & General Manager
Barbara Marguerite Dalibard Chairman-Supervisory Board
Eric Philippe Vinesse Executive Vice President-Research & Development
Jean-Pierre Duprieu Member-Supervisory Board
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