Michelin CFO sees two major changes post-Covid
Yves Chapot, chief financial officer at Michelin, discusses the company’s full-year 2020…
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Fév 16, 2021
Toyo Posts Sales, Income Losses for 2020
Toyo Tire Corp. posted net sales and operating income losses during 2020. The company’s sales declined 8.9% from 2019 levels and its operating income fell 5.5% versus the previous year.
Specifically, Toyo’s tire business unit experienced a decline of 7.9% in sales versus 2019 levels. (The company also has an automotive parts business unit, which suffered a decline in sales during 2020, as well.)
Source: Modern Tire Dealer