Global
Michelin Launches Global Employee Share Ownership Plan
Employees who acquire their shares directly may exercise their voting rights at Michelin Shareholders Meetings.
Employees who acquire their shares directly may exercise their voting rights at Michelin Shareholders Meetings.
Revenue decreased 46% from ongoing impacts of the coronavirus pandemic.
The company reported a drop in net sales in the second quarter from $679 million in 2019 to $496 million...
AAM's second quarter financial results were unfavorably impacted by global production shutdowns due to the pandemic.
The company says it is executing on strategic priorities as production resumes.
The company reported second-quarter sales of $3.1 billion, up 19% from $2.6 billion in second-quarter 2019.
First half results significantly affected by COVID-19 pandemic, while second quarter cash flow was better than expected.
Company provides slightly improved 2020 revenue outlook.
Sales of $302.5 million were down 33.7% reflecting a lower demand, a direct effect of the COVID-19 pandemic, company says.
The company reported sales increases of 33%.
