Michelin's Bold Financial Targets for 2026

Michelin Luxembourg SCS has announced ambitious financial targets for 2026, aiming for a segment operating income of 4.2 billion euros and an operating margin of 14%. The company also targets 5.5 billion euros in free cash flow before M&A from 2024 to 2026, compared to 4.4 billion between 2021 and 2023.

Michelin Luxembourg SCS: * MICHELIN TARGETS 4.2 BILLION EUROS SEGMENT OPERATING INCOME IN 2026- CFO

* MICHELIN TARGETS A SEGMENT OPERATING MARGIN OF 14% IN 2026-CFO * MICHELIN TARGETS 5.5 BILLION EUROS FREE CASH FLOW BEFORE M&A CUMULATED OVER 2024-2026, VERSUS 4.4 BILLION BETWEEN 2021 AND 2023-CFO

* NEW OPERATING TARGETS COMPARE TO 3.6 BILLION EUROS IN 2023 AND 12.3% OVER 2021-23 Further company coverage: (Gdansk Newsroom)

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