Q1 2022 Compagnie Generale des Etablissements Michelin SCA Corporate Sales Call Transcript

Feb 14, 2024

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Apr 26, 2022 / 04:30PM GMT
Operator

Ladies and gentlemen, welcome to the Michelin Conference Call. The conference call will be conducted by Mr. Yves Chapot, General Manager and Group CFO. You are able to download the presentation from Michelin corporate website.

I'll now hand over to Mr. Yves Chapot. Gentlemen, please go ahead.

Yves Chapot - Compagnie GÃ©nÃ©rale des Ãtablissements Michelin SociÃ©tÃ©en commandite par actions-Managing Partner - GM & CFO

Thank you very much. Good evening, everyone. Welcome to our quarterly conference call. In the next 20 minutes, I'm going to comment our first quarter sales figures and the outlook for the full year.

Before the conflict in Ukraine, our operations were already heavily disrupted, and we suffer. As you remember, all along 2021, we have -- we were challenged to operate smoothly our manufacturing and supply chain operations. Ukraine invasion by Russia has put an additional pressure on already tight supply chain. And in this

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