ML.PA - Compagnie Générale des Établissements Michelin

Paris - Paris Delayed Price. Currency in EUR
87.74
-11.16 (-11.28%)
At close: 5:35PM CEST
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Previous Close98.90
Open94.00
Bid0.00 x 0
Ask0.00 x 0
Day's Range87.62 - 94.50
52 Week Range87.62 - 130.85
Volume2,947,192
Avg. Volume675,950
Market Cap15.707B
Beta (3Y Monthly)1.05
PE Ratio (TTM)9.05
EPS (TTM)9.70
Earnings DateN/A
Forward Dividend & Yield3.55 (3.61%)
Ex-Dividend Date2018-05-22
1y Target Est126.75
  • China's economy stumbles as trade war pressure grows
    Yahoo Finance3 days ago

    China's economy stumbles as trade war pressure grows

    Yahoo Finance's LIVE market coverage and analysis of what you need to watch in the stock market begins each day at 9:00 a.m. ET.

  • The Wall Street Journal3 days ago

    [$$] European Corporate News Roundup

    A warning from Michelin that dragged down tire manufacturers and a disappointing trading update from the London Stock Exchange were the highlights of another packed European corporate slate.

  • The Wall Street Journal3 days ago

    [$$] Michelin Warning Drags Down Tire Makers

    In western Europe, Michelin said demand from original equipment manufacturers dropped 5% following the introduction of new EU emissions standards, while Chinese demand also fell 5%, which Michelin attributed partly to dealers using up existing stocks amid an uncertain economic environment. For the rest of the year Michelin expects a slight increase in volumes and an increase of at least 200 million euros in operating income from recurring activities, which equates to roughly 5% lower than consensus estimates, according to Jefferies analyst Ashik Kurian. Mr. Kurian said the warning reflects Michelin’s poor communication with the market and failure to monitor consensus estimates, rather than any issues with execution.

  • Reuters3 days ago

    European stocks claw back losses; weak outlooks dent Michelin, Bouygues

    European stocks managed a modest rise on Friday, recovering from the previous session's sharp fall thanks to a recovery in oil prices, while weak results from Michelin and Bouygues reignited investors' concerns about autos and construction stocks. Italian stocks tumbled 0.4 percent after a ramp-up in rhetoric from the European Commission with Brussels sending Rome a letter demanding an explanation for its budget plans which represented an "unprecedented" breach of EU fiscal rules. Italy's bank stocks index tumbled 1.2 percent.

  • Bloomberg3 days ago

    Michelin Warns of Drop in Demand, Sending Tire Maker Shares Down

    Demand for Michelin’s products fell in Western Europe because of new emissions-testing standards that have dented car sales, and dropped off in China as its auto market slumped, the company, based in Clermont Ferrand, France, said Thursday. “Given the significant decline in the passenger-car and light-truck and truck-tire markets late in the third quarter and the further weakness expected in the fourth quarter, the group has revised its 2018 markets scenario, notably in China,” the company said. European car sales have gyrated wildly in recent months, as carmakers like Volkswagen AG and Daimler AG struggle adjust to tougher emissions testing in the European Union.

  • Reuters4 days ago

    Michelin cuts market forecasts on EU emissions squeeze, China slowdown

    French tire maker Michelin (MICP.PA) cut its full-year market forecasts on Thursday and said a sales slowdown would worsen in the fourth quarter, blaming weaker Chinese vehicle demand and new emissions standards that have hit European registrations. Michelin's own sales volumes are now expected to show only a "slight increase" for 2018, the company said. The fallout from slowing car- and truck-tyre demand in China and a European auto registrations slump linked to tougher new emissions tests has proven worse than expected, Chief Finance Officer Marc Henry told reporters on a call.

  • GlobeNewswire4 days ago

    Michelin : Net sales for the first nine months of 2018, up 3.9% at constant exchange rates. 2018 markets scenario revised, EBIT guidance refined and structural free cash flow confirmed

    PRESS RELEASE Clermont-Ferrand - October 18, 2018 - 6:15pm COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Financial Information for the Nine Months Ended September 30, 2018 €16.2 billion in net sales for ...

  • Simply Wall St.19 days ago

    What Does Compagnie Générale des Établissements Michelin’s (EPA:ML) Ownership Structure Look Like?

    A look at the shareholders of Compagnie Générale des Établissements Michelin (EPA:ML) can tell us which group is most powerful. Institutions often own shares in more established companies, while it’s Read More...

  • 'Sustainable capitalism' can stem the tide of populism, Michelin CEO says
    CNBC20 days ago

    'Sustainable capitalism' can stem the tide of populism, Michelin CEO says

    Amid popular backlashes against globalism, Michelin chief executive Jean-Dominique Senard believes corporations have a duty to dedicate more of their resources to sustainability and ethical practices.

  • Michelin Picks the Best U.K. Restaurants
    Bloomberg20 days ago

    Michelin Picks the Best U.K. Restaurants

    Gordon Ramsay protege Clare Smyth is one of three to win accolades, but no one new has achieved the top rank of three Michelin stars.

  • Chicago’s Dining Star Is Diminishing
    Bloomberg25 days ago

    Chicago’s Dining Star Is Diminishing

    This year, closings hit the Midwest’s powerhouse restaurant city.

  • GlobeNewswirelast month

    Michelin : Employee Share Ownership Plan 2018

    Compagnie Générale des Etablissements Michelin (hereinafter, the "Company") announces the launch of a new employee share ownership plan enabling employees of the Michelin group to subscribe to a capital increase reserved to employees on preferential terms. The subscription period for the share offering will take place from September 19 to October 4, 2018 (inclusive).

  • Tyre maker Michelin confirms 2018 guidance despite China slowdown
    Reuterslast month

    Tyre maker Michelin confirms 2018 guidance despite China slowdown

    Shares in French tyre maker Michelin (MICP.PA) climbed on Thursday after it confirmed its 2018 financial outlook and said signs of growth in Europe and North America would offset a slowdown in China. Tyre makers such as Michelin and its rivals Continental AG (CONG.DE) and Goodyear (GT.O) have been hit by weaker demand in China, whose economy has been slowing, and the impact of adverse foreign exchange movements and commodity prices.

  • GlobeNewswirelast month

    Michelin : Michelin confirms its guidance for 2018

    PRESS RELEASE Clermont-Ferrand, France - September 13, 2018 COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN Michelin confirms its guidance for 2018 After reviewing the main external factors, namely the ...

  • Why Compagnie Générale des Établissements Michelin (EPA:ML) Should Be In Your Portfolio
    Simply Wall St.last month

    Why Compagnie Générale des Établissements Michelin (EPA:ML) Should Be In Your Portfolio

    Compagnie Générale des Établissements Michelin (EPA:ML) has pleased shareholders over the past 10 years, paying out an average dividend of 3.0% annually. The company is currently worth €17.94b, and nowRead More...

  • GlobeNewswirelast month

    Michelin : Disclosure of the total number of voting rights and of the number of shares making up the Company's capital

                                                                                                                                                                                                                                                                    ...

  • GlobeNewswire2 months ago

    Michelin : Michelin announces the success of its three-tranche bond offering for a total amount of €2.5 billion

    Michelin has successfully placed today a three-tranche bond offering for a total amount of €2.5 billion, with 7-year, 12-year and 20-year maturities respectively. It will bear a coupon of 0.875% per annum and will be issued at 99.099% of the nominal value. It will bear a coupon of 1.75% per annum and will be issued at 99.262% of the nominal value.

  • GlobeNewswire2 months ago

    Michelin : Disclosure of the total number of voting rights and of the number of shares making up the Company's capital

                                                                                                                                                                                                                                                                    ...

  • GlobeNewswire2 months ago

    Michelin : Michelin contemplates a euro three-tranches bond offering

    Today at 10:30 am (CET), Michelin will have a global investor conference call with debt investors, with the intention of launching a euro three-tranche bond offering, with 7-year, 12-year and 20-year maturities respectively. The net proceeds from the issuance of the bonds will be used for general corporate purposes.

  • Did Compagnie Générale des Établissements Michelin (EPA:ML) Create Value For Investors Over The Past Year?
    Simply Wall St.2 months ago

    Did Compagnie Générale des Établissements Michelin (EPA:ML) Create Value For Investors Over The Past Year?

    I am writing today to help inform people who are new to the stock market and want to learn about Return on Equity using a real-life example. Compagnie Générale desRead More...

  • Thomson Reuters StreetEvents3 months ago

    Edited Transcript of ML.PA earnings conference call or presentation 23-Jul-18 4:30pm GMT

    Half Year 2018 Compagnie Generale des Etablissements Michelin SCA Earnings Call