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




investor-relations@michelin.com




Guillaume Jullienne




guillaume.jullienne@michelin.com




Flavien Huet
flavien.huet@michelin.com




Benjamin Marcus
benjamin.marcus@michelin.com
Media Relations




+33 (0) 1 45 66 22 22
groupe-michelin.service.de.presse@michelin.com




Individual Shareholders




+33 (0) 4 73 32 23 05




Muriel Combris-Battut
muriel.floc-hlay@michelin.com




Elisabete Antunes
elisabete.antunes@michelin.com

Attachment



Attachments

20250715_PR_Michelin Credit Rating Scope & Moodys

Recommended Reading