Bridgestone reports sales up, profits down for Q1
9 May 2005 by Evoluted New Media
Tokyo--Bridgestone Corp. has release consolidated figures for the three months to 31 March, 2005. Net sales were up 8 percent, to ¥603 900 million (€4465 million), while operating income fell seven percent to ¥44 000 million (€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