We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Michelin | EU:ML | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.22 | -0.61% | 35.62 | 35.60 | 36.00 | 36.06 | 35.58 | 35.94 | 1,647,581 | 16:40:00 |
From Apr 2019 to Apr 2024
By Olivia Bugault
Compagnie Generale des Etablissements Michelin (ML.FR) said Monday that its after-tax profit fell in 2018 after being hit by a challenging economic environment and adverse currency effects.
After-tax profit slipped to 1.66 billion euros ($1.87 billion) last year from EUR1.69 billion a year earlier, the French tire maker said. Revenue rose to EUR22.03 billion from EUR21.96 billion.
The company said currency effects had a EUR271 million negative impact on its results.
Analysts had expected Michelin to post 2018 net profit of EUR1.72 billion on revenue of EUR21.75 billion, according to a consensus forecast provided by FactSet.
Michelin said it will declare a dividend of EUR3.70 a share, up from EUR3.55 last year.
The company expects its 2019 segment operating income--its key operating measure--to exceed last year's figure of EUR2.77 billion at constant exchange rates.
Write to Olivia Bugault at olivia.bugault@dowjones.com
(END) Dow Jones Newswires
February 11, 2019 12:29 ET (17:29 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Michelin Chart |
1 Month Michelin Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
