Weekly Recap: H1 2026 results and 35 emergency supply chain teams

Cie Generale des Etablissements Michelin SA (EURONEXT:ML) reported H1 2026 revenue €12.7bn and net profit €766m as replacement volumes rose but OE weakened, transport margin hit 5.9%; the group set up 35 emergency supply‑chain teams amid only 1–2 months of supplier visibility while reaffirming 2026 guidance.

Previous Week Recap

• Michelin H1 2026 Revenue Decline: Michelin (ML) H1 2026: revenue €12.7bn (-2.6% YoY; +0.5% FX), net profit €766m. Replacement volumes +5%, OE weaker. Transport segment margin 5.9%. Company reaffirmed 2026 guidance.
• Michelin Sets Emergency Teams: Cie Generale des Etablissements Michelin SA (ML) set up 35 emergency teams to monitor its supply chain; supplier visibility is now only one to two months, limiting inventory rebuilds.

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