Michelin (LTS:0OFM)
€ 30.7 -0.11 (-0.36%) Market Cap: 21.70 Bil Enterprise Value: 25.85 Bil PE Ratio: 11.57 PB Ratio: 1.22 GF Score: 77/100
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Q3 2021 Compagnie Generale des Etablissements Michelin SCA Corporate Sales Call Transcript

Oct 25, 2021 / 04:30PM GMT
Release Date Price: €33.63 (+0.73%)
Operator

Ladies and gentlemen, welcome to the Michelin conference call. The conference call will be conducted by Mr. Yves Chapot, General Manager and Group CFO. You are able to download the presentation from Michelin Corporate website.

I now hand over to Mr. Yves Chapot. Gentlemen, please go ahead.

Yves Chapot;nÃ;rale des Ã;tablissements Michelin SociÃ;tÃ;en commandite par actions;Managing Partner
Compagnie GÃ;GM & CFO

©©©©- -

Good evening, ladies and gentlemen. I'm very pleased to host you for this 2021 third quarter conference call. So I will start by sharing with you the sales performance of the 9 first months of this year and particularly in the third quarter, and then we'll come back on the full year guidance.

What has characterized in third quarter is a very turbulent environment, which is characterized of course, by the persistent health crisis, particularly in areas such as Southeast Asia, we have a very strong pandemic hikes during the

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