Michelin: third-quarter organic growth speeds up, but full-year tire volumes to dip
Michelin reported nine-month revenue up 1% at constant exchange rates and kept its full-year guidance, though tire volumes may fall slightly.
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what happened
Michelin's nine-month revenue rose 1% at constant exchange rates, according to TradingView, with third-quarter organic growth speeding up to 0.8%. The company kept its full-year guidance despite weak markets, inflation and an expected slight decline in tire volumes.
why it matters
Keeping the annual outlook while tire volumes are expected to dip slightly matters for investors assessing Michelin and the wider tire sector. Soft demand and inflation remain the main pressures on tire makers, so volume trends will be watched closely.
market impact
Michelin and tire sector: weak demand and lower volumes put pressure on the industry.
tags
instruments
sources
- ML: Q3 growth accelerated, but FY tire volumes are now expected to decline slightly — TradingView, 20 October 2026 at 18:56 UTC
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