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Compagnie Generale des Etablissements Michelin: Overview

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Compagnie Generale des Etablissements Michelin (Michelin) is a provider of tire and mobility services. The company manufactures and markets tires for scooters, vans, cars, farm equipment, trucks, motorcycles, bicycles, earthmovers, subway trains, aircraft, and conveyor belts. The company also provides maintenance and management services; mobility assistance services; and car and bike accessories, sports and leisure gear, work and collectibles. In addition, the company develops energy-efficient radial tires, radial earthmover, agricultural and aircraft tires. It serves customers in automotive, aerospace, mining, and agricultural and construction sectors across Europe, North America and other regions. The company has manufacturing and distribution facilities across the world. Michelin is headquartered in Clermont-Ferrand, France.

Headquarters France

Address 23 Place Des Carmes-Dechaux, Clermont-Ferrand Cedex 9, 63040


No of Employees 123,686

Industry Automotive

Ticker Symbol & Exchange ML (EPA)
Revenue (2020) $23.3B -13.6% (2020 vs 2019)

EPS XXX

Net Income (2020) XXX -63.3% (2020 vs 2019)

Market Cap* $27.1B

Net Profit Margin (2020) XXX -57.4% (2020 vs 2019)

* As of and is in US$

Products and Services

Products Services Brands
Tires Engineering Services BFGoodrich
Mobility Enabling Services KorMoran
Distribution Services Michelin
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2021 Acquisitions/Mergers/Takeovers In August, the company acquired 100% stake in Allopneus.
2021 New Products/Services In May, the company announced to launch X Incity EV Z for electric buses.
2021 New Products/Services In March, the company launched a new MICHELIN e.PRIMACY tire for internal combustion, hybrid or electric vehicle.
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Competitor Comparison

Key Parameters Compagnie Generale des Etablissements Michelin Continental AG Bridgestone Corp The Goodyear Tire & Rubber Co Hankook Tire & Technology Co Ltd
Headquarters France Germany Japan United States of America South Korea
City Clermont-Ferrand Hannover Chuo-Ku Akron Seongnam
State/Province - - Tokyo Ohio -
No. of Employees 123,686 233,365 138,036 62,000 7,019
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Florent Menegaux Chief Executive Officer Senior Management 2019 58
Yves Chapot Managing Partner; Chief Financial Officer Senior Management 2019 58
Jean-Claude Pats Chief Human Resources Officer; Executive Vice President Senior Management 2019 -
Benedicte de Bonnechose Executive Vice President - Long Distance and Urban Transportation, Europe Regions Senior Management 2021 -
Gaganjot Singh President - Michelin Africa, India and Middle East Region Senior Management 2021 -
Non Dignissim Eros Proin vel Convallis 2021 XX
Non Dignissim Eros Proin vel Convallis 2021 XX
Non Dignissim Eros Proin vel Convallis 2021 XX
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