Michelin: Scope Ratings and Moody’s both affirm Michelin’s strong credit ratings
Clermont-Ferrand, July 15, 2025
COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN
Scope Ratings and Moody’s both affirm Michelin’s strong
credit ratings
On July 11, 2025, Scope affirmed Michelin’s (Compagnie Générale des Etablissements Michelin and its main financial subsidiaries) solicited Long-Term Issuer Default Rating (IDR) of ‘A’, with a Stable outlook. According to the agency, this “reflects a solid business risk profile coupled with very strong and further improving credit metrics”.
On July 9, 2025, Moody’s (unsolicited rating) also published its Long-Term rating affirmation of ‘A2’ with a Stable outlook. The agency underlined that “Michelin’s attractive margins further reflect its unique position, (…) helped by its strong brand recognition and innovation capabilities”.
Contact details
| Investor Relations
Guillaume Jullienne Flavien Huet Benjamin Marcus |
Media Relations
+33 (0) 1 45 66 22 22 Individual Shareholders +33 (0) 4 73 32 23 05 Muriel Combris-Battut Elisabete Antunes |
Attachment
Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. UKNewshour.com takes no editorial responsibility for the same.
