Vredestein Bike Tires Lower Profit in 1999

DOETINCHEM, Netherlands (14 March 2000)–Dutch tire manufacturer Vredestein posted a EUR10.4 million net profit in 1999, an increase of 4% over 1998. Vredestein Bikes Tires, however, was the only division within the group not to increase profit. Sales figures were not available. Earlier this year Vredestein Bike Tires announced that it would be moving its