The largest tire manufacturer in Poland loses their orders. It employs 3,000 people


As stated, as a result of restriction of production, the forecasted production in 2025 will be lower by 4.49 percent. In relation to tires for passenger vehicles, compared to the company's original production plans for 2025.
This is once again how the company publishes a similar message in the content. At the beginning of July, she reported that as a result of restriction of production, the forecast production in 2025 would be 2.6 percent lower. in relation to tires for passenger vehicles and by 5.67 percent With regard to tires for trucks compared to the original production plans. Last year, she sold 13.9 million tires.
As you can see, the situation with orders from Goodyear is getting worse. Such information is usually preceded by information about exemptions, unless the order cutting is still low and the company decides not to make nervous movements. At the end of last year, the company employed Less than 3,000 people, although they did not particularly spoil them with earnings. According to Business Insidera calculations, these were in Dębica last year. On average, less than 7,000 PLN gross per month.
Loan for the owner
Investors could be considered by information from a month ago in terms of the condition of the main owner of Dębica, i.e. the American Goodyear. In the second half of July, Goodyear, owner of 87.25 percent shares of the Polish company, he takes from its Polish company a loan PLN 70 million interest for an annual WIBOR plus a margin of 0.45 percent, i.e. at 5.1 percent. with a repayment date for a year. These are quite attractive conditions for credit.
Moreover, Dębica paid a significant dividend for last year in the amount of PLN 58.4 million from PLN 77.8 million net profit for 2024 over 87 percent. It went to Goodyear from her. This is the second highest dividend of the company in history. It was higher a year earlier, when PLN 142.1 million went to the shareholders, i.e. half of the profit for 2023.
In the second quarter of this year. Goodyear earned $ 254 million. net, but on the sale of the Dunlop brand He earned $ 385 million. Without extraordinary operations, the loss would be $ 48 million. Operational profit dropped by half -year to $ 159 million.




