Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCPK:MGDDF) This autumn 2024 Outcomes Convention Name February 12, 2025 12:30 PM ET
Firm Members
Florent Menegaux – Chief Govt Officer
Yves Chapot – Normal Supervisor & Group Chief Monetary Officer
Convention Name Members
Martino De Ambroggi – Equita
Harry Martin – Bernstein
Thomas Besson – Kepler Cheuvreux
Monica Bosio – Intesa Sanpaolo
José Asumendi – JPMorgan
George Galliers – Goldman Sachs
Michael Jacks – Financial institution of America
Michael Aspinall – Jefferies
Christoph Laskawi – Deutsche Financial institution
Stephen Benhamou – BNP Paribas Exane
Florent Menegaux
Women and gents, good night. Good morning for these of you which might be in several time zone. Yves Chapot and myself are very blissful to current our Michelin 2024 Annual Outcomes.
Earlier than we enter into extra particulars in regards to the efficiency up to now 12 months, I simply needed to renew on our Michelin in Movement technique 2030 as a result of we’re actually deploying it. When you take a look at what’s in your display, on the left facet is the premise, the inspiration of what we’re constructing on: extremely engaged group, acknowledged and really highly effective model, a really robust innovation, management and distinctive R&D and industrial capabilities and glorious market defining services and products.
With this basis, we can’t solely excel in tires, however we will additionally broaden the attain of Michelin choices into providers and experiences and within the polymer composite options. So if we come again on tires, we’re addressing all mobility usages by way of higher merchandise. One instance of that’s right now, 65% of our passenger automotive Michelin gross sales are on 18 inches plus seat diameters.
If I now zoom in providers and experiences, we’re leveraging our buyer intimacy for enhanced client expertise and we’re turning the utilization information into distinctive insights for
