Company Michelin (CGDE)

Equities

ML

FR001400AJ45

Tires & Rubber Products

Real-time Euronext Paris 05:13:43 2024-06-06 am EDT 5-day change 1st Jan Change
37.46 EUR +0.35% Intraday chart for Michelin (CGDE) +1.00% +15.50%

Business Summary

Compagnie Générale des Etablissements Michelin is one of the world leaders in manufacturing and marketing of tires. The products are mainly sold under the Michelin, BFGoodrich, Kleber, Uniroyal and Taurus brands. Net sales break down by activity as follows:

- sale and distribution of tires (75.2%): tires for light vehicles (67.3% of net sales) and heavy trucks (32.7%). The group also offers services and solutions to improve the efficiency of transportation;

- other (24.8%): sale of specialty tires for agricultural and civil engineering machines, two-wheeled vehicles, and aircraft. In addition, Michelin offers solutions to support travels and trips (road maps and gastronomic and tour guides, ViaMichelin, Tablet and Robert Parker) and develops high-tech materials for many fields.

Net sales are distributed geographically as follows: France (8.8%), Europe (26.1%), North America (39.2%) and other (25.9%).

Number of employees: 130,906

Sales per Business

EUR in Million2022Weight2023Weight Delta
Automotive and Related Distribution
50.6 %
14,138 49.5 % 14,339 50.6 % +1.42%
Specialty Businesses and Related Distribution
24.8 %
6,990 24.4 % 7,029 24.8 % +0.56%
Road Transport and Related Distribution
24.6 %
7,462 26.1 % 6,975 24.6 % -6.53%

Sales per region

EUR in Million2022Weight2023Weight Delta
North America
39.2 %
10,920 38.2 % 11,098 39.2 % +1.63%
Europe
26.1 %
7,656 26.8 % 7,389 26.1 % -3.49%
Other
25.9 %
7,530 26.3 % 7,354 25.9 % -2.34%
France
8.8 %
2,484 8.7 % 2,502 8.8 % +0.72%

Managers

Managers TitleAgeSince
Chief Executive Officer 62 96-12-31
Director of Finance/CFO 62 14-11-30
Chief Tech/Sci/R&D Officer - 16-12-31
Investor Relations Contact - 17-12-31
Corporate Officer/Principal - 20-12-31
Corporate Officer/Principal - 20-12-31
Sales & Marketing 52 -
Comptroller/Controller/Auditor 58 09-12-31
Human Resources Officer - 19-03-24
Comptroller/Controller/Auditor - 91-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 69 15-09-30
Director/Board Member 61 18-05-17
Chairman 66 08-05-15
Director/Board Member 67 20-05-31
Director/Board Member 72 13-05-16
Director/Board Member 62 20-12-31
Director/Board Member 66 20-11-11
Director/Board Member 62 15-05-21
Director/Board Member 64 13-05-16
Director/Board Member 49 20-12-13

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 714,958,226 699,479,500 ( 97.84 %) 161 ( 0.000023 %) 97.84 %

Shareholders

NameEquities%Valuation
Mage Invest SAS
4.220 %
30,171,237 4.220 % 1 167 M €
Amundi Asset Management SA (Investment Management)
1.563 %
11,171,561 1.563 % 432 M €
Barings (UK) Ltd.
1.235 %
8,832,216 1.235 % 342 M €
DNCA Finance SA
0.8650 %
6,184,360 0.8650 % 239 M €
MFS International Singapore Pte Ltd.
0.7302 %
5,220,957 0.7302 % 202 M €
Eurizon Capital SGR SpA
0.5092 %
3,640,875 0.5092 % 141 M €
OFI Invest Asset Management SA
0.3529 %
2,523,108 0.3529 % 98 M €
Aristotle Capital Management LLC
0.3335 %
2,384,595 0.3335 % 92 M €
MFS International (UK) Ltd.
0.3306 %
2,363,617 0.3306 % 91 M €
State Street Global Advisors Ltd.
0.2984 %
2,133,297 0.2984 % 83 M €
NameEquities%Valuation
Aristotle Capital Management LLC
3.223 %
46,081,341 3.223 % 885 M €
PNC Investments LLC
0.003599 %
51,463 0.003599 % 987 987 €
Domini Impact Investments LLC
0.003196 %
45,700 0.003196 % 877 349 €
RhumbLine Advisers LP
0.002356 %
33,687 0.002356 % 646 723 €
Albert D. Mason, Inc.
0.001146 %
16,384 0.001146 % 314 540 €
Paradigm Asset Management Co. LLC
0.000231 %
3,300 0.000231 % 63 353 €
GAMMA Investing LLC
0.000127 %
1,811 0.000127 % 34 768 €
First Horizon Advisors, Inc.
0.000053 %
751 0.000053 % 14 418 €
Front Row Advisors LLC
0.000040 %
578 0.000040 % 11 096 €
Ancora Family Wealth Advisors LLC
0.000029 %
416 0.000029 % 7 986 €

Holdings

NameEquities%Valuation
9,149,766,702 99.64% 3,052,728,162 $
348,480,000 10.00% 24,968,592 $
486,400 2.89% 11,883,900 $

Company contact information

Compagnie Générale des Établissements Michelin SCA

23, place des Carmes-Déchaux

63000, Clermont-Ferrand

+33 4 73 32 20 00

http://www.michelin.com
address Michelin (CGDE)(ML)

Group companies

NameCategory and Sector
Industrial Machinery
Chemicals: Specialty
Wholesale Distributors
Michelin Lastikleri Ticaret AS
Automotive Aftermarket
Miscellaneous Manufacturing
Michelin Tyre Company South Africa Pty Ltd.
Automotive Aftermarket
Wholesale Distributors
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