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Michelin first-half revenue falls just short of estimate
['Louis Juricic', 'Min Read']
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Investing.com -- Compagnie Générale des Établissements Michelin (EPA:ML) reported first-half revenue of €12.69 billion, slightly below the analyst estimate of €12.74 billion.
The tire manufacturer's segment operating income rose to €1.45 billion, representing 11.4% of sales, up from 11.1% in the first half of 2025.
The company's Consumer segment generated revenue of €6.93 billion with an operating margin of 12.5%, while the Transportation segment reported revenue of €2.81 billion with a 5.9% operating margin.
The Specialties segment posted revenue of €2.22 billion with a 14.1% operating margin, and the Polymer Composite Solutions segment reported revenue of €728 million with a 13.6% operating margin.
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