June 14,

2021

PC/LT: +23%

2020

2021

2021

vs 2019

+26

+78

-5

-12

-22

-46

+3

+3

-4

Jan

Feb

Jan

Feb Mar

Apr

YTD

Mar

Apr

+28

+90

-1

-4

-24

-51

-5

-7

-6

Jan Feb

Jan

Feb

Mar Apr

YTD

Mar

Apr

+178

-5-2-18-60

+4

-7+26

1

Jan Feb

Jan

Mar Apr

YTD

Feb

Mar

Apr

+26

+162

+50

-17-69-36-8

-3

-6

Jan

Apr

Jan

Feb Mar Apr

YTD

Mar

Feb

Source: Michelin. Tire market data are regularly adjusted and may be updated following their initial publication

  • Including Central America for OE

Italia Roadshow - June 14, 2021

TRUCK: +27%

2020

2021

2021

vs 2019

+41 +29 +30

+11

3

-11

-22-20-24

Jan

Jan Feb Mar

Apr

YTD

Feb Mar

Apr

+38 +86

-5

-6

-19

-46

+6

+11

4

Jan Feb

Mar

Jan Feb Mar

Apr

YTD

Apr

+14

+68

12

-3

-3

-8

-27

+6 +23

Jan Feb

Mar

Jan

Feb Mar

Apr

YTD

Apr

+28

+272

+51

13

-18-60

-26

+4

-3

Jan

Apr

Jan

Feb Mar Apr

YTD

Mar

Feb

SPECIALITIES*: +8 à +12%

* estimated full-year market growth in 2021

Q1 2021 vs. Q1 2020 sales

(in € millions and %)

+8.3%

+402

+45

0

5,769

Price-mix

Non-tire businesses

(0.0%)

-321

(+0.9%)

o/w mix +0.6%

5,448

5,327

-5

Currency effect

Volumes

(-6.0%)

Scope*

(-0.1%)

(+7.5%)

Q1 2020

Q1 2021

Q1 2021

at constant

* Deconsolidation of printing, publishing and marketing of Maps & Guides for France (Michelin Editions), effective February 1, 2021

exchange rates

Italia Roadshow - June 14, 2021

(in € millions)

Q1 2021

Q1 2020

Change

RS1 sales

2,694

2,597

+3.7%

Volumes

+7.8%

RS2 sales

1,388

1,360

+2.1%

Volumes

+8.1%

RS3 sales

1,366

1,370

-0.3%

Volumes

+6.2%

TOTAL

5,448

5,327

+2.3%

Volumes

+7.5%

  • RS1: despite the adverse price impact of indexation clauses, sales rose over the period, lifted by the sharp increase in volumes and the steady upmarket enhancement in the product mix.
  • RS2: sales gains reflected robust volume growth in every Group market, disciplined price management and the Michelin brand-driven upmarket shift in the product mix.
  • RS3: a favorable price effect and strong volume growth offset a negative business mix.

Italia Roadshow - June 14, 2021

Pour lire la suite de ce noodl, vous pouvez consulter la version originale ici.

Attachments

  • Original document
  • Permalink

Disclaimer

Compagnie Générale des établissements Michelin SA published this content on 14 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 June 2021 07:22:08 UTC.