UPDATE 1-Bridgestone posts 7.9 pct rise in 2004 oper profit

Newswire

(Adds revenue, capex plans, background, closing share price) TOKYO, Feb 18 (Reuters) - Top Japanese tyre maker Bridgestone Corp. posted on Friday a 7.9 percent rise in 2004 operating profit but forecast a drop this year due to pressure from higher raw material prices. Bridgestone, which dominates the world tyre market with France's Michelin and Goodyear Tire & Rubber Co. of the United States, has been expanding rapidly, having recently announced plans to construct tyre plants in ...

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