Audi sees earnings improvement this year - CFO
FRANKFURT, July 25 (Reuters) - Volkswagen AG's (VOWG.DE: Quote, Profile, Research, Stock Buzz) premium unit Audi (NSUG.DE: Quote, Profile, Research, Stock Buzz) expects earnings to improve this year, finance chief Axel Strotbek said on Friday.
Revenues in the second half continue to be hit by the strong euro, the company added in a statement. Audi reported an improvment in its first-half gross and pre-tax profit margins. Net liquidity rose 25 percent to 8.87 billion euros ($13.93 billion). (Reporting by Christiaan Hetzner) (michael.shields@thomsonreuters.com, Reuters Messaging: michael.shields.reuters.com@reuters.net; +49 69 7565 1266)) ($1=.6369 Euro)
© Thomson Reuters 2008 All rights reserved
Ads by Career Builder
Manager - Corporate Finance (Retail and Consumer Goods)
Details: ...production, marketing and sales of retail and consumer products. With global...for exceptional and driven professionals...
Sourcing Recruiter - Energy/Industrials
Details: ...custom surveys, and by attending events...time knowledge and insights into the...Technology, Media, Consumer Goods, Retail, Industrials, and Energy industries. We are currently...
Consumer Products Retail Sales Supervisor
Details: ...Lead, motivate and develop retail sales team of 6-8...account initiatives, and retail plans are completely...between direct/broker and retail organization within defined...
Analyst, Business Intelligence / Sales
Details: ...energetic, resourceful and experienced team-player...fast-paced environments and will contribute to...through the development and distribution of internal...
Cash injection
N.Korea off U.S. terror list
