Goodyear has posted third quarter segment operating income of US$520m million, up 21%, with what it says are record North America Q3 earnings up 30% to US$210m.
“We delivered outstanding earnings growth in the quarter and achieved a segment operating income margin of more than 11%, the highest in more than a decade, despite an increasingly challenged global economy,” said Goodyear chairman and CEO, Richard Kramer.
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“These results reflect our focus on capturing the value of our branded products in the marketplace and continued progress generating cost savings through our operational activities.”
