Michelin Lowers Sales But Increases Profit

Last Tuesday, February 14, the French company dedicated to tire manufacturing and tourism services, Cie Generale Michelin Establishments (ML: FP) , presented the results for the past year. During this period, the company’s turnover fell 1.40% compared to the year 2015. The company’s sales increased from 21,199 to 20,097 million dollar, while maintaining higher sales…