Michelin confident of meeting ambitious objectives
In the last Michelin Annual and Sustainable Development Report that group managing partners Michel Rollier and Jean-Dominique Senard will jointly present, the two leaders of the French company commented on a 2011 punctuated by the start of the tyre maker’s new four-year business plan and rocketing commodity prices. For this year they share that growth is anticipated in emerging markets and North America, while Europe will most likely deliver more modest results. Rollier also expressed his “full and absolute” confidence in his successor, who is expected to take over sole leadership in May.