Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Michelin (CGDE)    ML   FR0000121261

Delayed Quote. Delayed  - 08/26 05:35:11 pm
95.23 EUR   +0.55%
08/26 MICHELIN CGDE : acquires Levorin, a Brazilian manufacturer of bicycl..
08/26 MICHELIN : Michelin acquires levorin
08/26 MICHELIN : Michelin acquires levorin
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

MICHELIN : ALIGNS ITS DIGITAL MAPS, ATLASES AND SERVICES WITH FRANCE'S NEW LEGISLATION ON SPEED CAMERA WARNING SYSTEMS

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/18/2012 | 12:49pm CEST

The ViaMichelin website and mobile applications are set to change in the days ahead because of a new French decree, issued on January 4, 2012, which forbids motorists from owning, carrying or using any devices that warn them about speed traps. Consequently, road maps and travel itineraries will no longer give the specific location of fixed speed cameras but instead indicate dangerous road sections. These new areas, identified by French authorities, will be shown on Michelin maps and applications as soon as possible.

Michelin is providing users of ViaMichelin GPS systems with instructions on how to deactivate the radar function in their portable navigation equipment. The deactivation procedure is described in detail on the French version of the website in the support produit section. In addition, it is no longer possible to download any radar locations from the website. Users of ViaMichelin GPS services have also been instructed to remove the navigation software that indicates the position of fixed speed cameras in France and to deactivate the radar voice alert option when driving in the country.

Michelin 2012 road maps: staying a step ahead of the competition on safety
During the annual update of its maps and atlases, Michelin anticipated the new legislation by reorganizing the road safety features on its printed maps to include safety alerts. All road sections requiring special attention, such as steep gradients and difficult or dangerous sections, are now indicated with an exclamation mark (!) pictogram.

In this way, Michelin is providing motorists with a complete, updated collection of maps that are aligned with the new legislation. The online catalogue of maps and atlases can be found at .

Media Contact: +33 1 45 66 22 22

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MICHELIN (CGDE)
08/26 MICHELIN CGDE : acquires Levorin, a Brazilian manufacturer of bicycle and motorc..
08/26 MICHELIN : Michelin acquires levorin
08/26 MICHELIN : Michelin acquires levorin
08/24 MICHELIN TO INTRODUCE A NEW FIA WRC : the MICHELIN Pilot Sport FW2 (Full Wet 2)
08/18 MICHELIN CGDE : adds new sizes to Defender LTX M/S tire lineup
08/18 MICHELIN CGDE : Hard Surface Skid Steer Airless Radial Tire Readily Available fr..
08/18 MICHELIN CGDE : North America Reaches Favorable Settlements in Patent Infringeme..
08/05 MICHELIN : Disclosure of the total number of voting rights and of the number of ..
08/05 MICHELIN CGDE : Ats euromaster service centre picks up international safety awar..
08/03 MICHELIN CGDE : The michelin ltx force and the michelin latitude cross fly high ..
More news
Sector news : Tires & Rubber Products - NEC
07/27DJMARKET SNAPSHOT : Stocks Turn Lower As Fed Statement Looms
04/27DJGOODYEAR TIRE & RUBBER : Profit Down on Venezuela, U.S. Capacity Constraints
04/15DJAnother Strong Quake Strikes Japan
04/06 France's Michelin plans $510 million plant in Mexico - documents
02/29DJIcahn Offers to Buy Rest of Federal-Mogul
More sector news : Tires & Rubber Products - NEC
News from SeekingAlpha
2015 Faurecia Will Likely Announce A Takeover Bid For Lear Corp. Within A Few Mont..
2015 Dividend Spectrum September Edition
2015 Michelin's H1 2015 Free Cash Flow Was Satisfying
2015 MIX TELEMATICS : My Best Contrarian Pick, Now With A Near-Term Catalyst
2015 Michelin Is A Solid Blue Chip
Advertisement
Financials (€)
Sales 2016 20 933 M
EBIT 2016 2 611 M
Net income 2016 1 508 M
Debt 2016 1 097 M
Yield 2016 3,25%
P/E ratio 2016 11,55
P/E ratio 2017 10,38
EV / Sales 2016 0,88x
EV / Sales 2017 0,82x
Capitalization 17 263 M
More Financials
Chart MICHELIN (CGDE)
Duration : Period :
Michelin (CGDE) Technical Analysis Chart | ML | FR0000121261 | 4-Traders
Full-screen chart
Technical analysis trends MICHELIN (CGDE)
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 101 €
Spread / Average Target 6,4%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Jean-Dominique Senard Chief Executive Officer & Managing General Partner
Michel Rollier Chairman-Supervisory Board
Florent Menegaux Chief Operating Officer
Marc Henry Chief Financial Officer
Terry K. Gettys Executive Vice President-Research & Development
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
MICHELIN (CGDE)7.43%19 695
BRIDGESTONE CORP-17.58%27 516
GOODYEAR TIRE & RUBBER..-10.74%7 724
NOKIAN TYRES PLC-0.33%5 049
ANHUI ZHONGDING SEALIN..--.--%4 253
SUMITOMO RUBBER INDUST..-5.64%3 966
More Results