UPDATE 2-Bridgestone sees 2005 profit fall on material costs

Newswire

(Recasts throughout with comments, details from news conference) By Chang-Ran Kim, Asia auto correspondent TOKYO, Feb 18 (Reuters) - Top Japanese tyre maker Bridgestone Corp. posted a 7.9 percent rise in 2004 operating profit on Friday but forecast a drop this year anticipating massive 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 scrambling to add ...

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