Premium Company Profile: The Goodyear Tire & Rubber Company

Introduction

The company is aiming to focus on core businesses, drive top-line growth and reduce costs. To achieve these goals, the company is considering various strategic and business development initiatives, including divesture of the non core business segments, continuous product development and increasing Asian sourcing, and reducing selling, administrative and general expense.

Scope

• Contains corporate strategy, value chain presence and SWOT Analysis
• Provides detailed business description, segment analysis, 5-year financial trends, key products and key competitors
• Includes information on suppliers/ partners, shareholding structure and key employees with biographies

Highlights

The Goodyear Tire & Rubber Company is one of the world's largest tire companies. It develops, manufactures, markets and distributes tires for automotive and off-road applications. The company is well diversified, both geographically as well as in terms of end markets that it serves.

The company provides original equipment (OE) and replacement tires for autos, motorcycles, trucks, tractors, aviation and farm. It also provides related products and services including tread rubber, retread truck and aviation tires, automotive repair services, and merchandise purchased for resale.

Goodyear's operating performance has declined in recent times. The operating profit of the company was $262 million during fiscal year 2006, a decrease of 75.4% over 2005. The net loss of the company was $330 million during fiscal year 2006, as compared to a net profit of $228 million in 2005.

Reasons to Purchase

• Access all the important information and analysis on the company in a single report
• Understand company's strengths, weaknesses, opportunities and threats along with business strategy and value chain
• Gain access to company's adjusted five year financial data along with key ratios and market capitalization