A positive 9.7 per cent currency effect due to euro weakness helped Michelin achieve 5.6 per cent year-on-year growth in net sales in the first quarter of 2015, even though a 5.1 per cent worsening in price mix whittled €245 million from this top line result. Net sales for the three-month period amounted to €5.02 billion. Overall sales volumes rose 1.5 per cent, performance described by Michelin CFO Marc Henry as “faster than market growth.” He added that this performance was “in line” with declining B2B markets for truck and specialty tyres, and showed faster growth than B2C passenger car and light commercial tyre markets.