Michelin was the top-performer among suppliers in the fourth quarter of 2006.
The French tyre maker provided shareholders with a 25.43 percent return in the fourth quarter, as the investment community was reassured about the company’s management and its business prospects.
Michelin has a new CEO, Michel Rollier, who took over after the unexpected death of Edouard Michelin in a boating accident last May.
Rollier’s first six months as CEO have reassured financial markets that Michelin will remain a tightly run company.
Michelin also experienced strong demand for…