Pininfarina sales rise, to convert savings share


MILAN, March 29 (Reuters) - Italian auto group Pininfarina said on Monday its turnover rose 47 percent to 779.2 million euros ($949.1 million) in 2003 but would fall back by about 10 percent this year as it moves into a new business cycle. In a statement, Pininfarina also said it planned to convert savings shares into newly issued ordinary shares. It proposed a 2003 dividend of 0.34 euros per ordinary share and 0.3814 euros per savings share . Pininfarina, which made Ford's new Streetka ...

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