Bridgestone Operating Profit Anticipated to Drop 15%

According to Japan’s Nikkei financial daily, Bridgestone expects its operating profit to decrease by 15 per cent to 100 billion yen (£742.7 million) in the 2009 calendar year. The Japanese tyre major anticipates sales will fall about 10 per cent from their 2008 level, to around 2.85 trillion yen (£21.2 billion), reported the newspaper.

On December 22 the company reported an expected 2008 operating profit of 118 billion yen (£876.4 million), significantly down on the 249.96 billion achieved in 2007.