Goodyear Reports Higher Sales, Profit in 2009 Fourth Quarter; Sales up 7% on Higher Tire Unit Volume; Segment Operating Income of $249 Million, Up $408 Million from Prior Year; Goodyear Net Income of $107 Million (44 Cents Per Share); 62 New Product Launches
ENP Newswire 2010, Feb 18
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ENPNewswire-18 February 2010-Goodyear Reports Higher Sales, Profit in 2009 Fourth Quarter; Sales up 7% on higher tire unit volume; Segment operating income of $249 million, up $408 million from prior year; Goodyear net income of $107 million (44 cents per share); 62 new product launches in 2009 surpass full-year target; Cost savings plan meets 4-year goal of $2.5 billion, new $1 billion plan announced; Inventories reduced by more than $1.1 billion from year-end 2008; Strong cash flow drives debt reduction(C)2010 ENPublishing - http://www.enpublishing.co.uk Release date- 18022010 - AKRON, Ohio - The Goodyear Tire & Rubber Company today reported improved fourth quarter tire unit volumes, sales and earnings in 2009.
Goodyear Reports Profit in Second Quarter 2010 on Strong Sales Growth, Continued Cost Savings; Sales up 15% from Last Year on 10% Unit Growth, Improved Price/Mix; Tire Sales Increase in All 4 Business Units Reflecting Global Recovery; Segment Operating Income up $195 Million from Last Year, Net Income up $249 Million; North American Tire's Segment Operating Income up More Than $100 Million; Year-To-Date Cost Savings Exceed $280 Million
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Goodyear Reports Profit in Second Quarter 2010 on Strong Sales Growth, Continued Cost Savings
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