Capsule 11: First Half 2022 Results

Michelin delivered good results in an extremely unsettled environment, as supply chain disruptions and cost inflation intensified over the first half.

Sales grew by 18.7% to €13,289 million and Segment operating income increased by 7.7% to €1,530 million. Non-tire sales gained further momentum, rising by 18%.

These results are the result of the remarkable agility of our teams in managing our operations under very demanding conditions. This performance is also the translation of our clear and value-creating strategy based on our resilient business model.

You can read the press release, the presentation and the activity report related to First half 2022 Results