Lamborghini H1 profit up on sales, product mix

Newswire

By Gilles Castonguay MILAN, July 25 (Reuters) - Italian luxury car maker Lamborghini said it lifted gross profit by nearly a third in the first half of the year, thanks to higher sales, better products and bigger margins. It also reiterated its 2008 forecast for a 5 percent rise in unit sales. Chief Executive Stephan Winkelmann said the company had already surpassed its target of matching the 10 percent gross profit margin it achieved last year. "We are at ... 12.6 percent," he told ...

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