17.2 billion euro sales from Michelin in 9 months

Michelin, one of the world's leading tire manufacturers, announced its financial results for the first nine months of 2021.

Accordingly, the company, which increased its sales by 15.6 percent, reached a sales figure of 17.2 billion euros in the first 9 months. Michelin achieved 1.8 percent growth in tire sales, 1.3 percent in the third quarter.

This year, the truck tire market is expected to rise again by 6-8 percent, the special product group market is expected to increase by 9-11 percent, and the passenger and light commercial vehicle tire markets are expected to grow by 6-8 percent throughout the year due to the semiconductor shortage.

Florent Menegaux, Michelin Group CEO, said: “The Michelin Group continues its ambitious growth strategy, demonstrating once again its robustness thanks to the dedication and hard work of our teams.” used the phrases.