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| Name | Symbol | Market | Type |
|---|---|---|---|
| Michelin Compagnie Generale Des Etablissements Michelin (PK) | USOTC:MGDDY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.25 | 1.32% | 19.26 | 18.81 | 19.40 | 19.26 | 18.98 | 19.02 | 282,981 | 22:20:00 |
From Apr 2019 to Apr 2024
French tire maker Compagnie Generale des Etablissements Michelin SA (ML.FR) could miss its target of a 3% increase in sales volumes in 2014 on slower demand in Europe, Brazil and Russia, Les Echos newspaper reported citing the company's Chief Financial Officer Marc Henry.
"The target is more difficult to reach given the current market situation," Mr. Henry said, according to the newspaper.
He said demand for tires has stalled in Europe and is weak in Brazil and Russia. The only healthy markets for the company are North America and China, Les Echos reported.
At 0833 GMT, Michelin shares were down 1.9%, while the main Paris stock index CAC-40 was down 1.2%.
Newspaper Web site: http://www.lesechos.fr
-Write to Inti Landauro at inti.landauro@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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