Profit

€1.7bn invested in 2021

Sales

(in € millions)

2030 Ambition

Average annual growth in sales of 5% between 2023 and 2030, with 20% to 30% of sales generated by businesses other than tire manufacturing and distribution in 2030.

Net income

(in € millions)

URD_profit_graph-ventes_EN
URD_profit_graph-resultats-net_EN

Sales

(in € millions)

2030 Ambition

Average annual growth in sales of 5% between 2023 and 2030, with 20% to 30% of sales generated by businesses other than tire manufacturing and distribution in 2030.

URD_profit_graph-ventes_EN

Net income

(in € millions)

URD_profit_graph-resultats-net_EN

Segment operating
income

(in € millions and % of sales)

ROCE*

(in € millions)

2030 Ambition

Continuously create value between 2023 and 2030 with an ROCE of more than 10.5% each year.

URD_profit_graph-resultats_EN
URD_profit_graph-ROCE_EN

*Return on capital employed

Segment operating income

(in € millions and % of sales)

URD_profit_graph-resultats_EN

ROCE*

(in € millions)

2030 Ambition

Continuously create value between 2023 and 2030 with an ROCE of more than 10.5% each year.

URD_profit_graph-ROCE_EN

*Return on capital employed

Net debt

(as a % of equity)

URD_profit_graph-endettement

Structural free cash flow

(in € millions)

URD_profit_graph-cash-flow_EN

Brand
vitality indicator

2030 Ambition

Maintain the strength of the MICHELIN brand

Product/service
vitality indicator

2030 Ambition

Maintain the sustained pace of product and service innovation

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