Goodyear expects $20-25M Q3 sales hit from Poland plant fire; full production not until Q4 2024

GOODYEAR TIRE & RUBBER CO /OH/

Fire on Aug 20 at Debica, Poland plant shut down tire curing area; production resumed Aug 22 at 55% capacity, now ~70%.
EMEA consumer sales impact: $20-25M in Q3 2023, $10-15M in Q4 2023 due to limited capacity.
Operating income impact (lost sales margin, unabsorbed fixed costs): $10-15M each in Q3 and Q4 2023.
$15M insurance deductible expense in Q3 for property damage/cleanup; business interruption coverage expected but not yet recognized.

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