Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last €101.85 EUR
Change Today -0.15 / -0.15%
Volume 881.2K
ML On Other Exchanges
Symbol
Exchange
OTC US
Mexico
EN Paris
Frankfurt
As of 11:35 AM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

michelin (cgde) (ML) Snapshot

Open
€102.00
Previous Close
€102.00
Day High
€103.40
Day Low
€99.41
52 Week High
04/24/15 - €103.40
52 Week Low
10/27/14 - €65.10
Market Cap
18.9B
Average Volume 10 Days
856.6K
EPS TTM
€5.53
Shares Outstanding
185.7M
EX-Date
05/26/15
P/E TM
18.4x
Dividend
€2.50
Dividend Yield
2.45%
Current Stock Chart for MICHELIN (CGDE) (ML)

Related News

No related news articles were found.

michelin (cgde) (ML) Details

Compagnie Generale des Etablissements Michelin manufactures, distributes, and sells tires worldwide. It offers tires for cars, vans, trucks, buses, farm machinery, earthmovers, mining and handling equipment, tramways, metros, aircrafts, motorcycles, scooters, and bicycles. The company provides its products primarily under the MICHELIN, BFGoodrich, KLEBER, UNIROYAL, WARRIOR, Kormoran, RIKEN, TAURUS, and TIGAR brand names. It also operates approximately 3,800 dealership networks and service centers in 29 countries. In addition, the company offers truck driver assistance services; and fleet tire advice, maintenance, and management services, as well as publishes maps and guides to provide mobility assistance services. Further, Compagnie Generale des Etablissements Michelin, through its partnership with licensees, develops car and bike accessories; and work, sport, and leisure gears, as well as collectibles. Additionally, it provides digital fleet management services; and operates an online tire store. The company was formerly known as Manufacture de Caoutchouc Michelin and changed its name to Compagnie Generale des Etablissements Michelin in October 1951. Compagnie Generale des Etablissements Michelin was founded in 1863 and is headquartered in Clermont-Ferrand, France.

106,700 Employees
Last Reported Date: 03/3/15
Founded in 1863

michelin (cgde) (ML) Top Compensated Officers

Chief Executive Officer, Managing General Par...
Total Annual Compensation: €1.9M
Compensation as of Fiscal Year 2014.

michelin (cgde) (ML) Key Developments

Michelin Reports Sales Results for the First Quarter Ended March 31, 2015

Michelin reported sales results for the first quarter ended March 31, 2015. For the period, the company reported net sales of EUR 5,022 million compared to EUR 4,758 million a year ago, an increase of 5.6% over the year-earlier period that was attributable to the following factors: The 1.5% growth in volumes vs. first-quarter 2014, which represented a high basis of comparison. The 5.1% negative change in price mix, corresponding to: the 5.4% (EUR 261 million) negative price effect, of which 2.4% was due to price cuts introduced in 2014 and the application of indexation clauses; the 0.3% (EUR 16 million) favorable change in product mix, led by the success of the MICHELIN brand`s premium strategy and a strong upturn in sales volumes for the Group`s other brands. The 9.7% favorable currency effect, reflecting the euro`s decline against the Group`s main operating currencies.

Compagnie Generale DES Etablissements Michelin SCA, Q1 2015 Earnings Call, Apr 22, 2015

Compagnie Generale DES Etablissements Michelin SCA, Q1 2015 Earnings Call, Apr 22, 2015

Michelin Plans to Open More Truck Service Centres

Michelin announced it is set to strengthen its GCC presence with the opening of five more truck service centres in the region in 2015. Spread over 10,000 sq. feet, the new facility is equipped with facilities including a computerized truck tyre alignment machine, truck tyre balancing machine, truck tyre repair machine, tyre fitment and removal, and offers end to end tyre-related services for trucks and buses. Products include new tyres, batteries, valves and extensions. Michelin also opened a new Tyreplus branch in the Jafza area on the same day, to further strengthen its franchise presence in the region.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ML:FP €101.85 EUR -0.15

ML Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Bridgestone Corp ¥5,054 JPY +4.00
Pirelli & C. SpA €15.40 EUR 0.00
Sumitomo Rubber Industries Ltd ¥2,173 JPY -55.00
Goodyear Tire & Rubber Co/The $27.74 USD 0.00
Yokohama Rubber Co Ltd/The ¥1,286 JPY -15.00
View Industry Companies
 

Industry Analysis

ML

Industry Average

Valuation ML Industry Range
Price/Earnings 17.0x
Price/Sales 0.9x
Price/Book 1.8x
Price/Cash Flow 16.3x
TEV/Sales 0.7x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MICHELIN (CGDE), please visit www.michelin.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.