VW's SEAT posts 134 mln euro net profit in 2003

Newswire

BARCELONA, Feb 19 (Reuters) - Volkswagen AG's Spanish unit SEAT said on Thursday its net profit fell to 134 million euros ($170.8 million) in 2003 from to 203 million euros in 2002. Sales fell to 5.52 billion euros in 2003, compared with 5.62 billion the year before.

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