Goodyear bucks trend with higher sales, profits in Q2

ERJ staff report (DS)

Akron, Ohio — Goodyear has reported first half net earnings of $222 million for 2008, compared with a loss of $118 million a year ago. Revenues in the six months were $10 181 million, up from $9420 million a year ago.

Although the number of units sold declined in all Goodyear’s regional business units except Asia/Pacific, revenue per tyre increased by 9 percent in the second quarter, compared with the same three months of 2007.

Regionally, North America contributed less than ever,…

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