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…

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