Michelin’s net income up 23% y/y to USD851 in H1 2014
Net sales decline 4.8% y/y to USD13.2 billion
Michelin has reported a 23% year-on-year (y/y) increase in net income to EUR624 million (USD851.5 million, 30 June 2014) for the first half ended 30 June 2014 compared with EUR507 million (USD659.5 million) in the same period a year ago, according to the company’s press release.
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