Michelin

Michelin reports solid H1 2026 results and confirms its full-year guidance amidst a challenging economic environment. The Group’s results for the first half of 2026 confirm its ability to achieve a solid operating performance in a challenging economic environment, marked by a particularly unfavorable currency effect and continued weakness in Original Equipment markets. ➡️ Revenue: €12.7 billion, up 0.5% at constant exchange rates ➡️ Segment operating income: €1.45 billion, up 7% at constant scope and exchange rates ➡️ High free cash flow before M&A: €282 million ➡️ Three strategic acquisitions completed in the Polymer Composite Solutions segment The Group is leveraging the strength of the MICHELIN brand, its powerful innovation capabilities, the quality of its products & services and its teams’ sustained engagement, and pursues the implementation of its “Michelin in Motion 2030” roadmap.

Thirty thousand fans. Millions watching online. One unforgettable weekend celebrating the very best of Rocket League.   The RLCS Major in Paris was the biggest LAN event in the competition's history, bringing together an incredible community driven by passion, teamwork and the thrill of competition. For Michelin, it was only our second Rocket League Major as a global partner. And what a debut! Beyond the scale of the event and the remarkable visibility of our brand, one outcome means more than any headline figure: Rocket League fans told us that Michelin felt like a natural fit within their community. That's exactly what we hoped to achieve. Because meaningful partnerships aren't built by placing a logo on a screen. They're built by connecting with communities through shared values and authentic experiences. A huge thank you to BLAST, Epic Games, and everyone who helped make this Major together such a success. The journey is just getting started.

As heatwaves become more frequent and intense, cities and event organizers are looking for new ways to create cooler, more comfortable public spaces. Greening remains one of the most effective long-term solutions. But in many locations, complementary approaches are needed, especially where fixed infrastructure or traditional landscaping is difficult to implement. That is exactly the challenge the Michelin Innovation Lab set out to solve. Introducing OYA Urban Tree: an ultra-light inflatable structure that can be deployed in just a few hours to create an instant oasis of cool, providing up to 260 m² of shade wherever it is needed. After highly successful trials in Toulouse (under the code name Sombrero), OYA Urban Tree is now entering an exciting new chapter. Together with SCALE-UP BOOSTER, we are launching a dedicated industrial start-up with one ambition: accelerating the deployment of this innovation across cities and major events worldwide.

This week, the MICHELIN Guide revealed its first-ever MICHELIN grape Selection, celebrating 94 outstanding wine estates in Burgundy, France. Why Burgundy? Because this land embodies the very idea of terroir, where generations of passionate winemakers have refined the balance between nature and precision. Through this selection, the independent inspectors of the Guide have applied their time-tested methodology to honor not just prestigious names, but the absolute quality of the work carried out in the vineyards and cellars. This selection highlights a vibrant industry where legacy and innovation coexist. By expanding its expertise into the world of wine, the MICHELIN Guide continues to shape the future of travel, lifestyle, and hospitality experiences. A landmark moment for the MICHELIN Guide and the world of gastronomy. © Serge Chapuis /Joseph Drouhin

Partnerships built on excellence always make the journey better.   Delivering true premium comfort in the electric era requires a perfect harmony between vehicle engineering and tire technology. The all-electric Genesis GV60 is a testament to what happens when that synergy is achieved.   To match Genesis's vision, our teams developed a tailor-made MICHELIN tire, complete with the exclusive GOE marking.   This isn't just an off-the-shelf product. It is a bespoke solution designed to elevate performance, safety, and acoustic comfort, turning a shared vision of premium excellence into reality on the asphalt.

A few weeks ago, we watched it leave the hangar. Today, it’s a reality: Dassault Aviation’s new flagship just completed its maiden flight.   Seeing an aircraft of this caliber take to the skies for the first time is always an incredible feeling. But seeing it do so on MICHELIN Air X Sky Light tires? That’s pure pride for our teams.   Behind that first flawless landing, there are years of intense engineering to prove that efficiency and extreme performance go hand in hand: ➡️ 10–20% lighter (less weight = lower fuel consumption and reduced CO₂ emissions). ➡️ 10–20% longer lifespan (more flights, optimal operational efficiency). ➡️ Zero compromise on safety. This isn’t just a milestone for a new aircraft. It’s the result of a 40-year trust dynamic between Michelin and Dassault Aviation.   We don't just supply tires; we co-engineer the future of flight. ✈️

Innovation doesn't wait. It races at 300 km/h. This weekend, Michelin enters a new chapter at the 24 Hours of Le Mans. For over 100 years, this race has pushed the limits of endurance, innovation, and performance. In 2026, we are taking it to the next level with the new Michelin Pilot Sport Endurance. Engineered for the ultimate power of Hypercars, this next-generation tire proves that extreme racing and sustainable technology go hand in hand. 🟢 Up to 50% renewable & recycled materials, driving the future of motorsport. 💻 Optimized by simulation technology. ⏱️ Faster from Lap 1, peak performance from the very first turn. 🔄 Conceived to last, built to conquer the most grueling track stints. What we prove on the track today defines mobility tomorrow. The countdown is on 🏁. Be ready. #LeMans24 #MichelinLeMans24 #MichelinMotorsport #Endurance #WeRaceForChange

Today’s Shareholders’ Meeting marked an important milestone for Michelin’s governance. Yves Chapot attended his final Shareholders’ Meeting as CFO and Managing Partner, concluding a long career dedicated to the Group’s international development and transformation. Concurrently, the Group officially welcomed Philippe Jacquin as Managing Partner. Having joined Michelin in 1998, Philippe Jacquin has followed a comprehensive career path within the company, leading to his appointment to the Executive Committee as R&D Director in December 2024. Following this transition, Michelin continues to move forward with confidence, alongside all its teams worldwide.

Even though we know it. Even though we experience it year after year. We are always amazed by the incredible passion of the Le Mans crowd. Once again this weekend, more than 300,000 people sang, shouted, jumped, and cheered in an electric atmosphere. Once again, the Michelin® Grand Prix of France delivered on all its promises: fierce racing, tires showcasing their full performance potential despite ever-changing weather conditions, and emotions that will stay with the riders, their teams, and the fans gathered around the Bugatti Circuit for a long time. This Grand Prix carried that “little something extra” for Michelin. It was our final MotoGP™ on home soil, in this almost intimate story that has bound us to the championship for so many years. And feeling that energy all weekend long, sharing that connection with the fans… well, it reminds us exactly why we do what we do. #WeRaceForChange

From Boston to Paris: Michelin is leveling up the game. 🎮🚀 After a record-breaking opening in February, the momentum of our partnership with the Rocket League Championship Series (RLCS) is just getting started. Next stop: the Paris Major. We can’t wait to feel the energy of the fans in the Paris La Défense Arena and witness the world’s best players push the limits of what’s possible. Ready? The boost is on. 🏎️💨