Fiat posts Q4 op profit, Auto loses 97 mln euros

Newswire

TURIN, Italy, Feb 27 (Reuters) - Italy's Fiat said on Friday its operating profit surged to 142 million euros in the fourth quarter but its car unit posted an operating loss of 97 million, at the low end of expectations. Analysts polled by Reuters had forecast Fiat Auto would lose 20 million euros against a 180 million euro loss a year earlier. At group level, Fiat was expected to make a core profit of 120 million euros, up from 3.0 million in the last quarter of 2002. In a statement, ...

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