Czech Skoda Auto reiterates full-year outlook after weak H1

Newswire

PRAGUE, July 31 (Reuters) - Car maker Skoda Auto, a unit of Volkswagen and the biggest Czech exporter, reiterated its outlook for full-year deliveries to be above 2012 despite a 5.8 percent drop in the first half to 464,600 cars. It said the first half had been affected by a switch to new models as well as weakness on European markets. First half revenue dropped 13.1 percent to 4.97 billion euros, while operating profit slumped 45.9 percent to 243 million and ...

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