Fiat Q1 profit beats forecasts, targets confirmed

Newswire

MILAN, April 24 (Reuters) - Fiat reported on Thursday a 193 million euro trading profit at its main car business for the first quarter, beating analysts' expectations. For the entire industrial group, which includes Iveco trucks and CNH tractors and combines, the figure gained 28.7 percent to 766 million euros, also above expectations. Fiat confirmed its group targets for the year, including a higher trading profit of up to 3.6 billion euros. Trading profit is operating profit before ...

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