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Michelin Free Cash Flow exceeds forecast in 2025
Globenewswire· 2026-01-21 16:45
Clermont-Ferrand, January 21st, 2026 – 05:45pm COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Michelin Free Cash Flow exceeds forecast in 2025 Michelin Group records in its preliminary financial figures for 2025 a Free Cash Flow before M&A of 2.1 billion euros, beyond the [€1.5bn – €1.8bn] range provided on October 13, 2025. This outperformance is primarily driven by Capex discipline and a tight steering of operations impacting working capital (inventory, accounts payable & accounts receivable). As regard ...
Michelin appoints Bénédicte de Bonnechose as Chief Financial Officer effective June 1, 2026
Globenewswire· 2026-01-21 10:00
Clermont-Ferrand, January 21st, 2026 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Michelin appoints Bénédicte de Bonnechose as Chief Financial Officer effective June 1, 2026 Mrs. Bénédicte de Bonnechose will be appointed Chief Financial Officer of the Michelin Group, effective June 1, 2026. She will succeed Mr. Yves Chapot in this role. A member of the Michelin Executive Committee since January 1, 2021, Bénédicte de Bonnechose currently supervises the Urban and Long-Distance Transportation Business lines ...
Goodyear Names Managing Director, Americas & Chief Sales Officer, Americas Consumer
Prnewswire· 2026-01-15 21:30
AKRON, Ohio, Jan. 15, 2026 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that David Cichocki will join Goodyear as Managing Director, Americas & Chief Sales Officer, Americas Consumer, effective Jan. 19, reporting to Mark Stewart, Chief Executive Officer and President. Continue Reading The Goodyear Tire & Rubber Company announced that David Cichocki will join Goodyear as Managing Director, Americas & Chief Sales Officer, Americas Consumer, effective Jan. 19, reporting to Ma ...
汽车零部件-海外投资者交流核心议题-Auto Parts-Key Discussions in Our Meetings With Overseas Investors
2026-01-13 02:11
January 12, 2026 03:47 PM GMT Auto Parts | Japan Key Discussions in Our Meetings With Overseas Investors Key Takeaways In the Auto Parts industry, we take a somewhat cautious view on weakening earnings sentiment due to slumping new car production and the completion of price pass-throughs to OEMs. Investors asked about Nifco (further expansion of share buybacks under the mid-term plan starting F3/27; sales expansion to Chinese OEMs) and Koito (earnings improvement through streamlining; enhancement of lamp ad ...
Michelin: Mr. Florent Menegaux’ term as Managing General Partner is renewed for four years and the nomination of Mr. Philippe Jacquin as General Manager will be proposed at the company’s Shareholders Meeting
Globenewswire· 2026-01-12 16:45
Group 1 - Mr. Florent Menegaux's term as Managing General Partner of Michelin is renewed for four years, starting after the next Shareholders Meeting [1] - The Supervisory Board, chaired by Mrs. Barbara Dalibard, unanimously agreed to the renewal of Mr. Menegaux's term on January 12, 2026 [1] - SAGES has decided to propose Mr. Philippe Jacquin as General Manager, following Mr. Yves Chapot's wish not to have his term renewed [2] Group 2 - The resolution for Mr. Philippe Jacquin's nomination will be submitted at the next Shareholders Meeting scheduled for May 22, 2026 [2] - SAGES and the Supervisory Board expressed gratitude to Mr. Yves Chapot for his contributions during his two terms [2]
阿尔及利亚启动重型轮胎市场投放
Shang Wu Bu Wang Zhan· 2026-01-09 03:32
轮胎销售将依托Naftal约2000个销售网点开展分销。报道指出,此举不仅用于保障供应,也被视为抑制 市场投机、降低轮胎价格波动的重要措施。 据阿尔及利亚媒体El Moudjahid1月6日报道,Naftal宣布启动德国Continental品牌重型车辆轮胎在全国范 围内商业化销售。该批次产品被定位为高性能且价格可控的供应选项。Naftal先后与德国Continental和 意大利Prometeon/Pirelli建立合作,旨在通过规模化进口与统一销售渠道,稳定市场价格与供应预期。 Naftal计划进口150万条轮胎,其中50万条用于重型车辆(卡车与客车)。同时,公司已签订追加供应协 议,将再引入50万条Pirelli重型轮胎,用于进一步补充运输行业需求。 根据企业估算,该计划实施后,相关轮胎产品价格有望较既有市场水平下降35%—55%,预计将对消费 者购置成本及市场稳定产生积极影响。 ...
Hankook Tire Opens New Onsite Health Clinic for Employees and Their Families at Tennessee Plant
Prnewswire· 2026-01-07 15:01
Core Viewpoint - Hankook Tire has opened the Hankook Tire Clinic Powered by Evernorth at its Clarksville, Tennessee manufacturing plant, providing accessible and affordable healthcare services to employees and their families [1][8]. Group 1: Clinic Services and Operations - The clinic offers a wide range of services including routine preventive care, primary care, acute care for common illnesses and injuries, chronic condition management, and select occupational health services [4]. - Operating hours for the clinic are Monday through Friday from 9:00 a.m. to 6:00 p.m., allowing employees to access care conveniently [5]. - All full-time and part-time employees, along with eligible family members, can utilize the clinic regardless of their health insurance plan, with low or no out-of-pocket costs [5]. Group 2: Investment and Community Impact - The establishment of the clinic is viewed as a significant investment in the health and well-being of employees, aiming to create a culture of wellness within the workplace [6]. - The partnership with Evernorth Health Services aims to enhance health outcomes and improve the overall employee experience, contributing to the long-term vitality of the Clarksville community [7]. Group 3: Company Background - Hankook Tire America Corp. is a growing leader in the U.S. tire market, focusing on technology, manufacturing, and marketing to deliver high-quality products [9]. - The company is a subsidiary of Hankook Tire & Technology Co., Ltd., which is listed in the Forbes Global 2000 and headquartered in Seoul, Korea [9].
Italy, Pirelli explore new ways to end Chinese involvement in tyremaker, FT reports
Reuters· 2026-01-06 05:13
Tyremaker Pirelli and Italy's government are exploring new ways to end Chinese state-owned Sinochem's involvement in the Milanbased company amid U.S. pressure, the Financial Times reported on Tuesday... ...
Michelin (MGDDF): Buyback Support And Structural Tailwinds Reinforce The Long-Term Case
Seeking Alpha· 2026-01-04 05:32
Group 1 - The company, Compagnie Générale des Établissements Michelin, has experienced a share price decline of approximately 11% since the last update [1] - Michelin is recognized as one of the largest tire manufacturers globally, indicating its significant position in the industry [1] Group 2 - The analysis is conducted by buy-side hedge professionals who focus on fundamental, income-oriented, long-term analysis across various sectors in developed markets [1]
Michelin: Buyback Support And Structural Tailwinds Reinforce The Long-Term Case
Seeking Alpha· 2026-01-04 05:32
Group 1 - The company, Compagnie Générale des Établissements Michelin, has experienced a share price decline of approximately 11% since the last update [1] - Michelin is recognized as one of the largest tire manufacturers globally, indicating its significant position in the industry [1] Group 2 - The analysis is aimed at buy-side hedge professionals who focus on fundamental, income-oriented, long-term investment strategies across various sectors in developed markets [1]