B. F. Goodrich Co. said 1988 net...
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B. F. Goodrich Co. said 1988 net income rose 86% over 1987 to a record $195.7 million. Income from continuing operations more than doubled to a record $209.9 million. Sales for the Akron, Ohio, chemical and aerospace concern rose 20% to $2.4 billion. Goodrich Chief Executive John D. Ong said: “This earnings milestone reflects good operating conditions during the year in most of our businesses. It also reflects the benefits of the major structural changes that have transformed the company over the past four years.”
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