Bridgestone sales, income rise in H1 2015

Bridgestone Corporation has reported a net sales of ¥1,855.4 billion (£9.5 billion) for the first half of 2015, a 6.0 per cent year-on-year increase. Operating income rose 6.6 per cent to ¥237.7 billion (£1.2 billion) and the operating margin nudged up from 12.7 per cent to 12.8 per cent. Net income rose 1.7 per cent to ¥144.6 billion (£711.1 million).

Net sales within Bridgestone’s tyre business amounted to ¥1,555.2 billion (£8.0 billion), 5.9 per cent more than in the first half of 2014 and 83.8 per cent of the total. Operating income rose 7.4 per cent year-on-year to ¥217.0 billion (£1.1 billion).

The company anticipates full-year net sales of ¥3,900.0 billion (£20.1 billion), 6.2 per cent more than in 2014, operating income up 9.2 per cent to ¥524.0 billion (£2.7 billion) and a 6.5 per cent rise in net income to ¥320.0 billion (£1.6 billion).

Full information regarding Bridgestone’s first-half 2015 results can be found in our company profiles and reports section.