French tire maker Michelin Cie Des Estb (MGDDY.PK,MGDDF.PK) Monday reported its fiscal year 2023 net income of 1.983 billion euros, down from 2.009 billion euros.
Earnings per share were 2.77 euro, down from 2.81 euros a year ago.
Segment operating income was 3.572 billion euros, up from 3.396 billion euros last year. Operating margin rose to 12.6% from 11.9% a year ago.
Sales were 28.343 billion euros, compared to 28.590 billion euros last year.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.