Michelin Germany Increased Investments By 50 %

In 1999, Michelin increased its investments to 128 million DM (1998: 87 million DM). Sales grew to 3.215 bn DM (3.

115 bn in 1998), and employment numbers (6,747) were stable. Earnings before income and taxes fell to 69 million DM (87 million DM)..