Michelin FY2013 net profits down 23 per cent... ...but improving truck tyre sales, cash flow and revenue balance all positives

摘要

Michelin has reported full year 2013 net sales of 20.247 billion euros, down 5.7 per cent (or 1.2 billion euros) on last year. Meanwhile operating income was fell roughly 10 per cent to 2.234 billion euros and net income plummeted some 23 per cent to 1.127 billion euros. According to Dow Jones analysts' consensus was that this figure would fall less - by 22.0 per cent, and operating profit to retreat by 5.8 per cent.