CLERMONT-FERRAND, France - Michelin's Fenner P.L.C. business delivered significantly higher sales in the six months to June 30, the French group's first half report shows.
"Conveyor belt operations expanded over the period, led by strong gains in the mining business," according to Michelin.
Fenner's other activities "were buoyed by growth in the energy and industrial markets," added Michelin.
The gains contributed to a 17.6-percent increase in non-tire sales at Michelin, "led by the Fenner business and the growth of fleet management services."