Michelin reaffirms 2026 financial guidance
Michelin reaffirmed its 2026 financial guidance despite expected cost inflation of at least €400 million from the prolonged Middle East conflict. Third-quarter revenue rose 2.2% at constant exchange rates to €6.38 billion, including organic growth of 0.8%.
1. Guidance and revenue
Michelin reaffirmed its 2026 financial guidance despite expected cost inflation of at least €400 million from the prolonged Middle East conflict. Third-quarter revenue rose 2.2% at constant exchange rates to €6.38 billion, including organic growth of 0.8%.
2. Market outlook
The fourth-quarter outlook calls for softer passenger-car and light-truck original-equipment markets, with dynamic truck original-equipment demand.
