Financial reporting

Dunlop’s parent sees weak sports sales

2021-02-19T17:50:00

Sumitomo Rubber Industries’ sports division, which includes Dunlop, Srixon and XXIO, saw its revenues fall by 9 percent in the fourth quarter ended Dec. 31 to ¥20.5 billion (€160.3-$195.8m). The segment’s operating profit reached ¥1.1 billion (€8.6m-$10.7m), down from a profit of ¥2.0 billion last year. Golf and tennis sales ...

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