Japan: Bridgestone raises 2009 profit forecasts

Bridgestone Corporation has announced that it has raised its profit forecasts for the year ended 31 December 2009. Previous estimates were announced on 5 November 2009 and the tyre supplier says that the revisions primarily reflect the impact of significant expense reduction initiatives. Bridgestone’s estimate of 2009 net revenue of ¥2,590bn Subscribe to Automotive World … Continued

• By Webmaster
• February 15, 2010