Bridgestone buoyed by overseas sales, weaker Yen

Patrick Raleigh ERJ On-line news editor

Tokyo-Better-than-expected overseas sales and a weakening of the Yen have prompted Bridgestone Corp. to raise its first-half earnings projection. For the six months to 30 June, the tyre and rubber parts maker expects an operating profit of around $774 million (Euro652 million)-a third higher than it predicted just three months ago-and sales of $10 660 million, in-line with its earlier forecast.

The upgraded forecast accompanied Bridgestone’s first quarter results announcement, in which the group posted operating earnings of $446 million on…

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