Bridgestone operating income falls 20% in first half

Tokyo – Bridgestone Corp. has reported a 20.6% year-on-year decline in first half operating income at Yen158 billion (€1.3 billion), on 1.7% lower sales of Yen1.7 trillion.

Sales within the tire division fell 1% to Yen1.45 trillion over the first six months of the year, down from Yen1.47 trillion registered the year before, Bridgestone announced 9 Aug.

Diversified products unit, which is currently undergoing a major restructuring scheme, reported 5% year-on-year drop in revenue at Yen311 billion.

The non-tire unit manufactures conveyor belts, hydraulic hoses, rubber tracks, seismic…

To read more,please login or register below.

This is the first step to more free
content, user offers, subscriptions
and more.
Log in here using the Email Address
and Password you signed up with