Compagnie Générale des Etablissements Michelin
ISIN: FR0000121261 | Ticker: ML | LEI: 549300SOSI58J6VIW052
Country: France
Michelin is a French multinational tyre manufacturing company based in Clermont-Ferrand in the Auvergne-Rhône-Alpes région of France. It is the second largest tyre manufacturer in the world behind Bridgestone and larger than both Goodyear and Continental. In addition to the Michelin brand, it also owns the Kléber tyres company, Uniroyal-Goodrich Tire Company, SASCAR, Bookatable and Camso brands. Michelin is also notable for its Red and Green travel guides, its roadmaps, the Michelin stars that the Red Guide awards to restaurants for their cooking, and for its company mascot Bibendum, colloquially known as the Michelin Man.
Michelin's numerous inventions include the removable tyre, the pneurail (a tyre for rubber-tyred metros) and the radial tyre.
1889
Served areaWorldwide
Headcount124,760
Headquarters23 Place des Carmes-Déchaux, 63040 Clermont-Ferrand Cedex 9 – France
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 31,637,000,000.00 | 34,544,000,000.00 | 35,346,000,000.00 |
| Noncurrent Assets | N/A | 18,555,000,000.00 | 19,620,000,000.00 | 20,272,000,000.00 |
| Property Plant And Equipment | N/A | 10,821,000,000.00 | 11,231,000,000.00 | 12,136,000,000.00 |
| Goodwill | N/A | 2,136,000,000.00 | 2,286,000,000.00 | 2,430,000,000.00 |
| Intangible Assets Other Than Goodwill | N/A | 1,980,000,000.00 | 1,811,000,000.00 | 1,803,000,000.00 |
| Investment Accounted For Using Equity Method | N/A | 941,000,000.00 | 1,103,000,000.00 | 1,102,000,000.00 |
| Deferred Tax Assets | N/A | 729,000,000.00 | 751,000,000.00 | 630,000,000.00 |
| Current Assets | N/A | 13,082,000,000.00 | 14,924,000,000.00 | 15,074,000,000.00 |
| Inventories | N/A | 3,959,000,000.00 | 5,115,000,000.00 | 6,318,000,000.00 |
| Current Trade Receivables | N/A | 3,018,000,000.00 | 3,576,000,000.00 | 4,205,000,000.00 |
| Cash and cash equivalents | 1,466,000,000.00 | 4,747,000,000.00 | 4,482,000,000.00 | 2,584,000,000.00 |
| Other Current Assets | N/A | 929,000,000.00 | 1,038,000,000.00 | 1,315,000,000.00 |
| Equity And Liabilities | N/A | 31,637,000,000.00 | 34,544,000,000.00 | 35,346,000,000.00 |
| Equity | 13,229,000,000.00 | 12,631,000,000.00 | 14,971,000,000.00 | 17,116,000,000.00 |
| Issued Capital | N/A | 357,000,000.00 | 357,000,000.00 | 357,000,000.00 |
| Share Premium | N/A | 2,746,000,000.00 | 2,746,000,000.00 | 2,702,000,000.00 |
| Noncontrolling Interests | N/A | -2,000,000.00 | -3,000,000.00 | 6,000,000.00 |
| Noncurrent Liabilities | N/A | 11,870,000,000.00 | 10,715,000,000.00 | 9,192,000,000.00 |
| Noncurrent Provisions For Employee Benefits | N/A | 3,700,000,000.00 | 3,362,000,000.00 | 2,561,000,000.00 |
| Deferred Tax Liabilities | N/A | 425,000,000.00 | 503,000,000.00 | 541,000,000.00 |
| Current Liabilities | N/A | 7,136,000,000.00 | 8,858,000,000.00 | 9,038,000,000.00 |
| Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue From Contracts With Customers | 20,469,000,000.00 | 23,795,000,000.00 | 28,590,000,000.00 |
| Profit Loss From Operating Activities | 1,403,000,000.00 | 2,777,000,000.00 | 3,021,000,000.00 |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | -112,000,000.00 | -69,000,000.00 | -59,000,000.00 |
| Profit Loss Before Tax | 979,000,000.00 | 2,471,000,000.00 | 2,656,000,000.00 |
| Income Tax Expense Continuing Operations | 354,000,000.00 | 626,000,000.00 | 647,000,000.00 |
| Profit (loss) | 625,000,000.00 | 1,845,000,000.00 | 2,009,000,000.00 |
| Profit Loss Attributable To Owners Of Parent | 632,000,000.00 | 1,844,000,000.00 | 2,001,000,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | -7,000,000.00 | 1,000,000.00 | 8,000,000.00 |
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | 625,000,000.00 | 1,845,000,000.00 | 2,009,000,000.00 |
| Adjustments For Income Tax Expense | N/A | 354,000,000.00 | 626,000,000.00 | 647,000,000.00 |
| Adjustments For Depreciation And Amortisation Expense | N/A | 1,753,000,000.00 | 1,734,000,000.00 | 1,866,000,000.00 |
| Other Adjustments To Reconcile Profit Loss | N/A | 475,000,000.00 | 189,000,000.00 | 375,000,000.00 |
| Cash Flows From Used In Operating Activities | N/A | 3,366,000,000.00 | 2,906,000,000.00 | 1,931,000,000.00 |
| Other Cash Receipts From Sales Of Equity Or Debt Instruments Of Other Entities Classified As Investing Activities | N/A | 45,000,000.00 | 3,000,000.00 | 0.00 |
| Other Cash Payments To Acquire Equity Or Debt Instruments Of Other Entities Classified As Investing Activities | N/A | 15,000,000.00 | 25,000,000.00 | 18,000,000.00 |
| Other Inflows Outflows Of Cash Classified As Investing Activities | N/A | -25,000,000.00 | -203,000,000.00 | 140,000,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -1,388,000,000.00 | -1,751,000,000.00 | -1,945,000,000.00 |
| Proceeds From Issuing Shares | N/A | 55,000,000.00 | 0.00 | 76,000,000.00 |
| Payments To Acquire Or Redeem Entitys Shares | N/A | 99,000,000.00 | 0.00 | 120,000,000.00 |
| Other Inflows Outflows Of Cash Classified As Financing Activities | N/A | -39,000,000.00 | 20,000,000.00 | -62,000,000.00 |
| Cash Flows From Used In Financing Activities | N/A | 1,344,000,000.00 | -1,433,000,000.00 | -1,860,000,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | -41,000,000.00 | 13,000,000.00 | -24,000,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 3,281,000,000.00 | -265,000,000.00 | -1,898,000,000.00 |
| Cash and cash equivalents | 1,466,000,000.00 | 4,747,000,000.00 | 4,482,000,000.00 | 2,584,000,000.00 |
Please note that some sums might not add up.
FR0000121261
LEI549300SOSI58J6VIW052
SectorCAC40
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