Michelin (FRA:MCHA)
€ 30.52 -0.29 (-0.94%) Market Cap: 21.70 Bil Enterprise Value: 25.85 Bil PE Ratio: 11.69 PB Ratio: 1.24 GF Score: 77/100

Half Year 2021 Compagnie Generale des Etablissements Michelin SCA Earnings Call Transcript

Jul 26, 2021 / 04:30PM GMT
Release Date Price: €33.74 (-0.74%)
Operator

Ladies and gentlemen, welcome to the Michelin First Half 2021 Results Conference Call.

I now hand over to Mr. Florent Menegaux, CEO; and Yves Chapot, General Group Manager, CFO.

Gentlemen, please go ahead.

Florent Menegaux;nÃ;rale des Ã;tablissements Michelin SociÃ;tÃ;en commandite par actions;CEO
Compagnie GÃ;Managing General Partner & Managing Chairman

©©©©- -

Hello, ladies and gentlemen, good morning and good evening to all of you. Thank you for being with us for this half year results. I am currently with Yves Chapot, and we will be with you for this next 1.5 hours.

Before everything, I would like to remind us with the strategic context in which we are operating. In the slide that we are projecting to you, I just want to remind our strategy very quickly and our 2023 targets.

Our strategy is based on growing with tires, around tires and beyond tires. The numbers that you see in the bubbles are from 2023, and I

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot