Cooper Tire & Rubber Company Reports First Quarter Results

Findlay, Ohio — Cooper Tire & Rubber Company has reported a 7 percent year-over-year increase in net sales, achieving a new first quarter record of $514 million in the quarter ended March 31, 2005 compared to $480 million in the same period of 2004.

Net income for the quarter was $5 million or 7 cents per share including an additional $6 million gain on the sale of Cooper-Standard Automotive following final post-closing adjustments. The quarter’s results were also impacted by costs associated with the work…

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