SYDNEY, Feb 23 (Reuters) - Australian auto brake parts maker Pacifica Group Ltd. said on Wednesday its calendar 2004 net profit fell 30 percent, hurt by soaring steel prices, weaker production and a stronger Australian dollar. The company reported a net profit for the 12 months to Dec. 31, 2004, of A$33.68 million ($26.5 million), compared with A$48.2 million a year earlier. Pacifica is trying to speed plans to shift its manufacturing to Asia. Its rivals include Germany's Robert Bosch ...
Premium Content (PAID Subscription Required)
"Australia's Pacifica yr net profit falls" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.