Michelin maintains outlook as third-quarter sales improve
Michelin has maintained its full-year financial guidance after reporting sales of €19.18 billion for the nine months ended 30 September 2026, 0.5 per cent less than at the same time last year. Growing sales of Michelin-brand replacement tyres, a more favourable product mix and acquisitions helped offset weaker original equipment demand and adverse exchange rates. However, the company no longer expects its tyre volumes to return to growth in the final quarter of this year.