Czech Skoda Auto 2002 net hit by currency strength

Newswire

MLADA BOLESLAV, Czech Republic, Feb 26 (Reuters) - Skoda Auto, east Europe's largest car maker and a unit of Germany's Volkswagen AG , said on Wednesday that slumping sales had pushed its 2002 net profit down to 1.83 billion Czech crowns ($62.27 million) from 2.1 billion. The auto maker, a major exporter, has long warned that revenues were being hit by the Czech Republic's strong crown currency, which at times last year was up as much as 17 percent against the euro. Its operating profit ...

Premium Content (PAID Subscription Required)

"Czech Skoda Auto 2002 net hit by currency strength" 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!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×