Michelin, a prominent tire manufacturer, has received positive outlooks from UBS.
The company generates a significant portion of its net sales from tire sales and distribution, with light vehicle tires accounting for the majority.
Michelin also offers services to enhance transportation efficiency and sells specialized tires for various applications.
Additionally, the company provides travel solutions and develops high-tech materials for different sectors.
Geographically, Michelin's net sales are distributed across different regions, highlighting its strong international presence in the tire market.