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You are here: Home1 / News2 / Company News3 / Strong Q3 performance – Michelin revises 2020 guidance upward

Strong Q3 performance – Michelin revises 2020 guidance upward

Date: 23rd October 2020 Author: Stephen Goodchild Comments: 0

Good news in a year where this has been in short supply: Michelin reports that global demand for its tyres “picked up more strongly than expected” in the third quarter of 2020 after falling steeply in the second quarter. That said, demand is still below where it was this time last year.

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Related news:

  1. Michelin reports 6% rise in net income for H1 2018
  2. Michelin temporarily closes some European factories, car tyre demand down 9%
  3. Tyre demand declining 15 to 26 per cent in 2020
  4. Goodyear reports Q2 net loss of US$696 million
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