Goodyear posts Q1 results, confirms targets

30th April 2014 | 0 Comments

While Goodyear Tire & Rubber has expressed satisfaction with the US$373 segment operating income earned in the first quarter of 2014, chairman and CEO Richard Kramer acknowledged the effect of ‘headwinds’ in emerging markets during the three-month period, particularly the impact of Venezuela on the company’s Latin America business. Segment operating income was up 24 per cent year-on-year and had a margin of 8.3 per cent; this is the fourth consecutive quarter where SOI margin has exceeded eight per cent.

The rest of this article is for subscribers only:
Log inSubscribe

Tags: , , , , , , ,

Category: Company News

Buy subscriptions, premium industry reports, and business directory entries in our shop. | Dismiss

[ + ]