Audi predicts double-digit ROE in 2006 -paper


FRANKFURT, June 29 (Reuters) - Volkswagen's premium division Audi expects a double-digit return on equity, its finance boss told a German newspaper in an interview published on Thursday. "Last year, we increased the margin by 1 percentage point to 9.7 percent," Rupert Stadler told German daily Boersen-Zeitung. "Our aim is to definitely beat 10 percent this year. And we are on track to do that." Stadler said he believed the group could reach a profit margin of 6 percent in 2008; it ...

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