US: Goodyear books Q3 operating income up 21% to US$520m
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.
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.
“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.”
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