French tire maker Compagnie Generale des Etablissements Michelin (ML.FR) said Thursday that its revenue rose 3% in the third quarter of fiscal 2017.
Michelin said its third-quarter revenue rose to EUR5.34 billion euros ($6.29 billion) from EUR5.18 billion in the year-earlier period, after a rebound in mining-tire demand and implementation of price increases.
The tire maker confirmed its 2017 guidance.
Write to Max Bernhard at Max.Bernhard@dowjones.com; @mxbernhard
(END) Dow Jones Newswires
October 19, 2017 12:37 ET (16:37 GMT)