Bridgestone profits decline, sales remain flat

Tokyo – Bridgestone Corp. has seen its operating income decline 3% to Yen290.8 billion (€2.25 billion) in the first nine months of 2018, compared to the same period the year before.

The Japanese tire and rubber company reported a 0.4% increase in net sales for the period at Yen2.67 trillion in its third quarter results published 8 Nov.

Sales in the tire division rose 1% compared to 2017 to Yen2.22 trillion, while diversified products’ sales remained flat at Yen466 billion.

Operating income for the tires business increased 2%…

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