Michelin Expected to Announce Operating Margin of 8.7 per cent

24th January 2006 | 0 Comments
 

Michelin is expected to record a “stable” operating margin for 2005 when it announces its full-year results on 14 February. The price rises implemented by the tyre manufacturer have reportedly made it possible to compensate for high raw material prices. A consensus of the estimates of 15 analysts, suggests that the company will publish a 2005 operating margin of 8.7 per cent, according to Reuters.

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Category: Product News

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