According to the report released by the Michelin Group, in the first half of 2015, the Group's net sales, operating income and net income all showed a larger year-on-year increase. According to the report, Michelin’s tire sales for the first half of the year increased 8.5% year-on-year to 10.5 billion euros. Among them, the favorable exchange rate effect increased sales by 2.4%. According to statistics, the Michelin Group’s operating income for the first half of the year increased 8.9% year-on-year to 1.3 billion euros; net profit increased 13.3% year-on-year to 807 million euros. Michelin CEO Jean-Dominique Senard said: “Michelin’s strong growth in the first half of the year is based on a wide range of investment portfolios, through the expansion of customer visits and capturing the growing demand in the traditional market. In addition, the success of Michelin CrossClimate and new Belcherchie tires The position of the original equipment market has been strengthened and the importance of innovation for performance growth has once again been reflected." In the North American market, the sales of Michelin passenger cars, light trucks and truck tires have all increased. Among them, the passenger car and light truck OE sales in the auxiliary market increased by 5% year-on-year, and replacement tire sales also increased by 5%. In addition, in the first half of the year, the Michelin North American truck tire replacement market sales increased by 6% year-on-year, and the OE matching market increased by 14%. The Group expects that in the second half of the year, tire demand in mature regions will continue to rise, but emerging markets may face major challenges. Michelin hopes to continue to maintain the growth trend in the first half.
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Michelin's tire sales increased 8.5% year-on-year in the second half of the year