Michelin: Standard & Poor’s upgrades Michelin’s Long-Term rating by one notch to 'A', with a Stable outlook

COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Standard & Poor's upgrades Michelin's Long-Term rating by one notch to 'A', with a Stable outlook On March 31, 2025, Standard & Poor's has upgraded Michelin's (Compagnie Générale des Etablissements Michelin and its main financial subsidiaries) Long-Term Issuer Default Rating (IDR) rating from 'A-' to 'A', with a Stable outlook. The agency "anticipates that Michelin will continue to maintain a very strong balance sheet in 2025 and 2026, supported by strong and r ...