Scope affirms Michelin’s issuer rating at A/Stable
The affirmation reflects a solid business risk profile coupled with very strong and further improving credit metrics. Ratings upside is deemed limited for the time being due to potential usage of financial headroom.
Scope publishes Michelin’s A/Stable issuer rating for the first time
The issuer rating reflects Michelin’s strong business risk profile as a leading global tyre manufacturer and an even stronger financial risk profile, supported by low leverage.
