Bridgestone reports sales up, profits down for Q1
Tokyo--Bridgestone Corp. has release consolidated figures for the three months to 31 March, 2005. Net sales were up 8 percent, to Â¥603 900 million (â‚¬4465 million), while operating income fell seven percent to Â¥44 000 million (â‚¬325 million).
The company said it had been affected by the global increase in raw materials prices, but demand for tyres remains stronger than expected.
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Press release from Bridgestone