2nd half 2017
|in million of euros||Average||Maximum value||Minimum value||Responses|
|Operating income from recurring activities||1,415||1,484||1,352||10|
|Operating margin from recurring activities||12.8%||13.3%||12.1%||10|
|Earnings per share (published)||4.51||4.70||4.25||9|
|Free cash flow||-157||543||-650||7|
|SR1 (PC & LT + related distribution) net sales||6,410||6,497||6,343||10|
|SR1 operating income (from recurring activities)||818||855||750||10|
|SR1 operating margin (from recurring activities)||12.8%||13.2%||11.7%||10|
|SR2 (Truck + related distribution) net sales||3,013||3,072||2,970||10|
|SR2 operating income (from recurring activities)||260||280||209||10|
|SR2 operating margin (from recurring activities)||8.6%||9.3%||7.0%||10|
|SR3 (Other activities) net sales||1,684||1,780||1,587||10|
|SR3 operating income (from recurring activities)||347||388||308||10|
|SR3 operating margin (from recurring activities)||20.7%||23.5%||18.6%||10|
The Earnings consensus is a compound of estimates of Michelin’s financial results prepared by stockbrokers’s financial analyst teams.
This information is supplied by Michelin's Investor Relations Department.
The consensus is calculated on the basis of data published by financial analysts who monitor the Michelin share or are directly collected from them.
The consensus is provided by Michelin for information purposes only.
The fact that this consensus can be found on Michelin’s website in no way signifies validation or approval by Michelin of any or all of the estimates presented. This information should not be construed as an invitation to buy or sell shares or to enter into any type of transaction whatsoever.
The Michelin share being exclusively traded in France on the Premier Marché of Paris Euronext, before engaging in any transactions, Michelin therefore invites you to consult your financial advisor.