FRANKFURT, July 25 (Reuters) - Europe's biggest carmaker, Volkswagen AG , said on Friday it did not expect its free cash flow to be positive this year but targeted it again for next year. "We do not expect to be able to achieve a positive free cashflow in 2003, but a free cashflow is targeted in 2004," VW's incoming finance chief Hans-Dieter Poetsch told a conference call. The company is investing heavily in new products this year. VW said earlier its operating profit fell to 616 ...
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