Fiat Industrial Q4 438 mln euros, cuts 2013 targets

Newswire

MILAN, Jan 31 (Reuters) - Italian truck and tractor maker Fiat Industrial said on Thursday it cut its 2013 targets, forecasting a 5 percent increase in revenue, and a net industrial debt of between 1.1 billion and 1.4 billion. It said it saw a trading margin on sales of between 8.3 percent and 8.5 percent in 2013. The company's previous set of targets were from 2011. For 2012, revenue was 25.8 billion euros. It said its fourth quarter trading ...

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