Bridgestone predicts 19% drop in sales for '09

Order Reprints

Bridgestone Corp. has revised its projections for 2009. The company predicts that its full year sales will be 19% less than the previous year due to a decrease in unit sales.

Bridgestone also anticipates an increase in unabsorbed fixed expenses due to reduced production levels.

In addition, "operating income, ordinary income and net income will fall below the prior year's results in spite of the positive effects of reduced expenses and a decrease in raw material costs," according to company officials.



Related Articles

Class 8 truck production will drop 47% in '09

09-09-09 is opening day for CITEXPO 2009

Net sales drop 8.1% for Michelin in 1Q

You must login or register in order to post a comment.