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Yokohama Q1: Tires division enters loss, ATG remains profitable

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Yokohama Q1 2020 financial result. Source: YokohamaYokohama

The Yokohama Rubber Co. Ltd. posted a 258 million yen loss during the first quarter of 2020 compared with 9.1 billion yen in profit in the same period of the previous year. Meanwhile operating profit fell 90.4 per cent, to 1.2 billion yen. Sales revenue declined 13.6 per cent to 129.1 billion yen.

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  1. Yokohama remains profitable in 1H 2020, despite coronavirus
  2. Yokohama reports record nine-month 2017 net sales results
  3. Continental’s tyres and rubber business profitable in Q2, despite corona
  4. Cooper reports $6 million 2Q loss, international business beat 2019 result
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Goodyear aiming for US$3 billion in operating income by 2020

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The Goodyear Tire & Rubber Company is aiming to achieve US$3 billion in annual segment operating income by 2020. At the same time the company is planning to attain cumulative free cash flow of $4.3-$4.9 billion from 2017 to 2020.

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Related news:

  1. Goodyear reintroduces shareholder dividends
  2. Goodyear India to Pay Dividend – updated
  3. Goodyear declares dividend on 5.875% preferred stock
  4. Goodyear breaks through financial quagmire, reinstates dividend
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