Michelin's third-quarter sales increased 5.7% year-on-year

Michelin Tire Company announced that its net sales in the third quarter of this year were 5.436 billion euros ($7.097 billion), a year-on-year increase of 5.7%.

Including passenger car and light truck tire sales increased by 5.0% year-on-year to 2.797 billion euros (about 3.652 billion U.S. dollars); the first three quarters of sales totaled 8.298 billion euros (about 10.833 billion U.S. dollars), an increase of 4.8%.

Sales of Michelin truck tires for the third quarter were 1.775 billion euros (US$2.317 billion), an increase of 2.7% from the same period last year; sales in the first three quarters were 5.044 billion euros (approximately US$6.585 billion), a year-on-year increase of 1.0%.

Sales of special-purpose tires (including agricultural machinery tires, two-wheel vehicle tires, and aircraft tires, etc.) had sales of 864 million euros (US$1.128 billion), a year-on-year increase of 15.5%; sales in the first three quarters were 2.8 billion euros (about Combined 3.66 billion U.S. dollars, an increase of 19.9% ​​year-on-year.

In the first three quarters of this year, net sales of Michelin tires totaled 16.142 billion euros (about 21.075 billion U.S. dollars), a year-on-year increase of 5.9%.

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