Fiat 2012 net debt 6.54 bln euros, Q4 trading profit 987 mln euros

Newswire

MILAN, Jan 30 (Reuters) - Italian automaker Fiat said on Wednesday its closely-watched net debt rose about 18 percent to 6.54 billion euros ($8.81 billion) at the end of 2012, against a forecast of 6.6 billion euros and hitting its own target. It said fourth-quarter trading profit was 987 million euros, a bit lower than the 1 billion euros expected by analysts. In Europe, its mass market brands posted a loss before interest and tax of 165 million euros in the ...

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