Michelin

Q1 21: raw material headwinds should be offset; outlook confirmed

04/05/21 -"The Q1 21 sales release met consensus expectations since the solid volume effect was mitigated by the stronger-than-expected FX impact. The volume ramp-up is expected to extend into Q2, while low ..."

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Published on
04/05/21
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EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

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