Michelin’s FY 2026 sales declines 4.4% YOY to €26 billion

News
Financial results

Michelin expects tire markets to remain stable in 2026, with a slight contraction in the first half, followed by an improvement in original equipment markets in the second half

Michelin’s sales declined by 4.4% year over year to €26 billion in the financial year ended Dec. 31, 2025.

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