Bridgestone reports steady progress in 2011

ERJ staff report (DS)

Tokyo -- Bridgestone Corp said sales in the 12 months to December 2011 increased by 5.7 percent to yen 3024 billion (euro 29 544 million). Operating income grew by 14.9 percent to yen 191 billion.

The company said it had been negatively affected by currency effects; raw material prices and the effects of the Great Tohoku Earthquake and tsunami.

In the tyre activity, sales increased to yen 2540 billion (2010: 2380 billion) while operating income jumped to yen 185 billion from yen 153 billion.

In diversified products, net sales increased very slightly to yen 500 billion from yen 494 billion while operating income declined, to yen 5.8 billion, from yen 13.3 billion.

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Press releases from Bridgestone