Goodyear posts strong financial report for 3rd quarter

AKRON (Oct. 27)–Goodyear continued its financial recovery in the third quarter, reporting its highest net income for the period since 1998 and record quarterly sales.

Third quarter net income rose to $142 million for the period ended Sept. 30, compared with $38 million a year ago, the firm said. Sales grew 7 percent to $5030 million.

For the nine months, Goodyear had net profits of $279 million on sales of $14 800 million, compared with a loss of $10 million on sales of $13 500 million in…

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