Michelin: presents 2030 strategy, 'Michelin in motion'
(CercleFinance.com) - Michelin's directors and top managers took advantage of the Group's Capital Markets Day today to present Michelin In Motion, Michelin's "All Sustainable" strategy for 2030.
Florent Menegaux, Michelin's Chairman, said that he wants to achieve sustained growth, including average annual sales growth of 5% between 2023 and 2030, and that he would like to see the group achieve between 20% and 30% of its sales in areas other than tyres (services and solutions, flexible composites, medical sector, 3D metal printing, hydrogen mobility, etc.).
He also said that he wanted to guarantee significant value creation with a ROCE of over 10.5% between 2023 and 2030.
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Florent Menegaux, Michelin's Chairman, said that he wants to achieve sustained growth, including average annual sales growth of 5% between 2023 and 2030, and that he would like to see the group achieve between 20% and 30% of its sales in areas other than tyres (services and solutions, flexible composites, medical sector, 3D metal printing, hydrogen mobility, etc.).
He also said that he wanted to guarantee significant value creation with a ROCE of over 10.5% between 2023 and 2030.
Copyright (c) 2021 CercleFinance.com. All rights reserved.