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Michelin Free Cash Flow exceeds forecast in 2025
Clermont-Ferrand, January 21st, 2026 – 05:45pm COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Michelin Free Cash Flow exceeds forecast in 2025 Michelin Group records in its preliminary financial figures for 2025 a Free Cash Flow before M&A of 2.1 billion euros, beyond the [€1.5bn – €1.8bn] range provided on October 13, 2025. This outperformance is primarily driven by Capex discipline and a tight steering of operations impacting working capital (inventory, accounts payable & accounts receivable).
About this update from Cie Generale Des Etablissements Michelin Sa
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