Compagnie Generale des Etablissements Michelin SCA operates in the Tires and inner tubes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Michelin with three other
major tire companies:
Continental AG
of Germany
(2018
sales of 44.40 billion Euro [US$49.17 billion]
of which 25%
was Tires),
Goodyear Tire & Rubber Co
of the United States
($15.48 billion
of which 53%
was Americas), and
Bridgestone Corporation
which is
based in Japan
(3.65 trillion Japanese Yen [US$34.24 billion]
of which 83%
was Tires).
Sales Analysis.
Michelin reported sales of 22.03 billion Euro (US$24.39 billion)
for the
year ending
December of 2018.
This
represents
a very small
increase of 0.3%
versus 2017, when the company's sales were 21.96 billion Euro.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Michelin had sales
of 20.25 billion Euro.