TOKYO (Feb. 22)—Bridgestone Corp. expects earnings this year to more than triple, to nearly $500 million, as it puts behind it the Firestone recall-related extraordinary losses of the past two years. Net earnings for 2001 slipped 2 percent to $143 million as Bridgestone/Firestone Americas Holding Inc. suffered a recall-influenced loss of $1.68 billion. For 2002, Bridgestone/Firestone expects to be in the black as sales in the Americas are forecast to rise 4 percent to $7.7 billion. Globally, sales rose 5 percent in 2001 to $17.5 billion, and are expected to rise about 3 percent this year.
Bridgestone forecasts earnings will triple in '02
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