• Michelin reaffirmed its 2026 financial guidance, covering segment operating income at constant exchange rates and scope, plus free cash flow before acquisitions.
• The outlook accounts for at least €400 million in cost inflation from the prolonged Middle East conflict.
• Fourth-quarter tire markets are expected to show softer passenger-car and light-truck original-equipment demand, with dynamic truck original-equipment demand.
• Third-quarter revenue reached €6.49 billion, up 2.2% at constant exchange rates; organic growth was 0.8%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Compagnie Générale des établissements Michelin SA published the original content used to generate this news brief on October 20, 2026, and is solely responsible for the information contained therein.