|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||21.36 - 22.00|
|52-week range||14.21 - 22.00|
|Beta (5Y monthly)||0.57|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.51 (2.39%)|
|1y target est||37.14|
Japanese tyremaker Bridgestone has decided to "close the door" on its Bethune plant in northern France, Junior Economy Minister Agnes said on Thursday. Bridgestone said in September it wanted to close the factory in the face of low demand for its main product, low-profile tyres. The government will, however, fight to ensure it remains an industrial site and will work on possible new offers for the site, Pannier-Runacher said after meeting Bridgestone and plant representatives in Bethune.
The French government plans to discuss in two or three weeks time with all involved parties alternative scenarios for a French plant that tyre maker Bridgestone is considering closing, Junior Economy Minister Agnes Pannier-Runacher said on Monday. The French government is looking into options to try to save jobs and prevent the closure of the Bethune tyre plant in northern France that Japan's Bridgestone <5108.T> plans to shut. "We have agreed (with Bridgestone) to have in 2 to 3 weeks a meeting ... to review the different scenarios which are alternative scenarios to a site closure," Pannier-Runacher said after visiting the plant.
France should invest in a Bridgestone <5108.T> tyre plant threatened with closure, the head of its regional government who plans to run against President Emmanuel Macron in 2022 said on Sunday, ahead of a ministerial visit to the site. The call by Xavier Bertrand, a former minister who now leads the Hauts-de-France region, adds pressure on the government to prevent an outright closure of the facility, as the coronavirus pandemic batters confidence. The Japanese tyre maker's announcement on Wednesday that it planned to close the Bethune plant, which employs 863 workers in Bertrand's northern region, drew swift government condemnation.