Premium tires, mining lift sales at Michelin

Clermont-Ferrand, France – Up-trending OE demand, a sustained rebound in demand for mining tires and a “highly favourable” price mix have helped Michelin register a 5% year-on-year rise in third-quarter sales to €5 billion.

For the three months to 30 Sept, volumes rose 1% during the quarter and 2.8% for the first nine months – the latter trend led by early dealer-buying in the first quarter and a continued…

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