Florent Menegaux
Chief Executive Officer
Replay available
Michelin Cie Gen Unsp/Adr (MGDDY) Q2 2026 Earnings Call
Michelin Cie Gen Unsp/Adr (OTC: MGDDY) Q2 2026 earnings conference call, held 2026-07-27. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Bénédicte de Bonnechaude
Group Chief Financial Officer
Martino de Ambrogi
Analyst, Equita
Thomas Besson
Analyst, Kepler Cheuvreux
Harry Martin
Analyst, Bernstein
Christoph Laskawi
Analyst, Deutsche Bank
Jose Asumondi
Analyst, JPMorgan
Monica Bosio
Analyst, Intesa Sanpaolo
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Cie Generale Des Etablissements Michelin Sa.
Replay transcript excerpt
WEBVTT 00:00:01.197 -- 00:00:06.338 Ladies and gentlemen, welcome to the Michelin 2026 first half 00:00:06.338 -- 00:00:08.079 results. 00:00:08.079 -- 00:00:14.020 I now hand over to Mr. Florent Melego, chief executive officer, 00:00:14.020 -- 00:00:18.141 and Miss Benedict de Bonnechaus, group CFO. 00:00:18.141 -- 00:00:20.642 Please go ahead. 00:00:20.642 -- 00:00:24.903 Ladies and gentlemen, good afternoon and good evening. 00:00:24.903 -- 00:00:30.604 Thank you for joining us for our Michelin's first half 2026 results presentation. 00:00:31.745 -- 00:00:36.407 For this presentation and Q&A session, I am pleased to be with Benedicte Bonnechaude, 00:00:36.407 -- 00:00:38.808 our new CFO. 00:00:39.649 -- 00:00:45.092 In a context still highly uncertain, shaped by mixed macroeconomic signals, 00:00:45.092 -- 00:00:50.135 geopolitical tensions, evolving trade dynamics, strong currency 00:00:50.135 -- 00:00:55.278 headwinds, I am pleased to report that Michelin delivered a solid first half 00:00:55.278 -- 00:00:57.038 performance. 00:00:57.038 -- 00:01:00.830 This performance confirms the strength of our fundamentals. 00:01:00.830 -- 00:01:06.313 A powerful Michelin brand, the resilience of our business model, our tight operational 00:01:06.313 -- 00:01:12.217 steering, the quality of our business portfolio, and the relevance of our long-term strategy, 00:01:12.217 -- 00:01:15.818 Michelin In Motion 2030. 00:01:16.180 -- 00:01:21.363 I will start with some key messages for the first half and our outlook for 2026, then 00:01:21.363 -- 00:01:26.526 Benedict will take you through our markets, our financial performance, our cash generation, 00:01:26.526 -- 00:01:29.787 our outlook, and our guidance. 00:01:30.012 -- 00:01:33.133 Let me start with our first semester perform...