Fiat hits '04 operating profit, Auto Q4 still weak

Newswire

TURIN, Feb 28 (Reuters) - Fiat Auto made an operating loss of 96 million euros in the fourth quarter, worse than analysts' forecasts, but at the group level Fiat posted a 259 million euro operating profit and hit its full-year breakeven target. In a statement issued on Monday, Fiat said it made a full-year group operating profit of 22 million euros, thanks to a recovery at its truck and tractor units and slightly better than an analysts' forecast of 19.5 million euros. Fiat slashed its ...

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