Goodyear reports profit for 2004

Goodyear’s net sales for 2004 were a record $18 400 million, an increase of 21 percent over $15 100 million in 2003. Tyre volume in 2004 was 223 million units, up 5 percent from 2003. On a like-for-like basis, units increased 2 percent for the year.

Sales increased in 2004 largely due to the consolidation of two subsidiaries, improved pricing and product mix in all of the company’s business units, higher unit volume and currency translation. The company estimates that currency translation, primarily in Europe, added…

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