Company Michelin (CGDE)

Equities

ML

FR001400AJ45

Tires & Rubber Products

Real-time Euronext Paris 12:39:13 2024-03-28 pm EDT 5-day change 1st Jan Change
35.52 EUR -0.45% Intraday chart for Michelin (CGDE) -0.20% +9.43%

Business Summary

Compagnie Générale des Etablissements Michelin is one of the world leaders in manufacturing and marketing of tires. The products are mainly sold under the Michelin, BFGoodrich, Kleber, Uniroyal and Taurus brands. Net sales break down by activity as follows:

- sale and distribution of tires (75.2%): tires for light vehicles (67.3% of net sales) and heavy trucks (32.7%). The group also offers services and solutions to improve the efficiency of transportation;

- other (24.8%): sale of specialty tires for agricultural and civil engineering machines, two-wheeled vehicles, and aircraft. In addition, Michelin offers solutions to support travels and trips (road maps and gastronomic and tour guides, ViaMichelin, Tablet and Robert Parker) and develops high-tech materials for many fields.

Net sales are distributed geographically as follows: France (8.8%), Europe (26.1%), North America (39.2%) and other (25.9%).

Number of employees: 125,000

Sales per Business

EUR in Million2022Weight2023Weight Delta
Automotive and Related Distribution
50.6 %
14,138 49.5 % 14,339 50.6 % +1.42%
Specialty Businesses and Related Distribution
24.8 %
6,990 24.4 % 7,029 24.8 % +0.56%
Road Transport and Related Distribution
24.6 %
7,462 26.1 % 6,975 24.6 % -6.53%

Sales per region

EUR in Million2022Weight2023Weight Delta
North America
39.2 %
10,920 38.2 % 11,098 39.2 % +1.63%
Europe
26.1 %
7,656 26.8 % 7,389 26.1 % -3.49%
Other
25.9 %
7,530 26.3 % 7,354 25.9 % -2.34%
France
8.8 %
2,484 8.7 % 2,502 8.8 % +0.72%

Managers

Managers TitleAgeSince
Chief Executive Officer 62 14-11-30
Chief Tech/Sci/R&D Officer - -
Investor Relations Contact - -
Corporate Officer/Principal - 20-12-31
Corporate Officer/Principal - 20-12-31
Sales & Marketing 52 -
Comptroller/Controller/Auditor 58 09-12-31
Human Resources Officer - 19-03-24
Comptroller/Controller/Auditor - 91-12-31
Corporate Officer/Principal 62 96-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 69 15-09-30
Director/Board Member 60 18-05-17
Chairman 65 08-05-15
Director/Board Member 67 20-05-31
Director/Board Member 72 13-05-16
Director/Board Member 61 -
Director/Board Member 66 20-11-11
Director/Board Member 62 15-05-21
Director/Board Member 64 13-05-16
Director/Board Member 42 20-12-13

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 714,958,226 698,786,042 ( 97.74 %) 161 ( 0.000023 %) 97.74 %

Shareholders

NameEquities%Valuation
Mage Invest SAS
4.215 %
30,135,754 4.215 % 1 115 M €
Amundi Asset Management SA (Investment Management)
2.502 %
17,889,527 2.502 % 662 M €
Barings (UK) Ltd.
1.235 %
8,832,216 1.235 % 327 M €
La Mondiale SAM (Investment Portfolio)
1.026 %
7,336,715 1.026 % 271 M €
Crédit Mutuel Asset Management SA
0.9725 %
6,952,739 0.9725 % 257 M €
DNCA Finance SA
0.8650 %
6,184,360 0.8650 % 229 M €
Groupe des Assurances du Crédit Mutuel SA
0.6758 %
4,831,552 0.6758 % 179 M €
Predica Prévoyance Dialogue du Crédit Agricole SA (Invt Port)
0.6642 %
4,748,983 0.6642 % 176 M €
MFS International Singapore Pte. Ltd.
0.6030 %
4,311,399 0.6030 % 160 M €
OFI Invest Asset Management SA
0.4573 %
3,269,653 0.4573 % 121 M €
NameEquities%Valuation
Aristotle Capital Management LLC
3.258 %
46,589,391 3.258 % 862 M €
American Beacon Advisors, Inc.
0.005749 %
82,200 0.005749 % 2 M €
PNC Investments LLC
0.003587 %
51,286 0.003587 % 948 740 €
Domini Impact Investments LLC
0.003196 %
45,700 0.003196 % 845 404 €
RhumbLine Advisers LP
0.002035 %
29,099 0.002035 % 538 302 €
Albert D. Mason, Inc.
0.001026 %
14,664 0.001026 % 271 269 €
Paradigm Asset Management Co. LLC
0.000231 %
3,300 0.000231 % 61 047 €
Forester Capital Management Ltd.
0.000137 %
1,952 0.000137 % 36 110 €
GAMMA Investing LLC
0.000107 %
1,523 0.000107 % 28 174 €
MOTCO, Inc. (Texas)
0.000008 %
121 0.000008 % 2 238 €

Holdings

NameEquities%Valuation
9,149,766,702 99.64% 2,352,222,024 $
348,480,000 10.00% 26,055,850 $
486,400 2.89% 12,948,401 $

Company contact information

Compagnie Générale des Établissements Michelin SCA

23, place des Carmes-Déchaux

63000, Clermont-Ferrand

+33 4 73 32 20 00

http://www.michelin.com
address Michelin (CGDE)(ML)

Group companies

NameCategory and Sector
Compagnie Financiere du Groupe Michelin
Finance/Rental/Leasing
Wholesale Distributors
Department Stores
Chemicals: Specialty
Financial Conglomerates
Automotive Aftermarket
Automotive Aftermarket
Automotive Aftermarket
Wholesale Distributors