Seat PG: Dal Pino confirms growth of proceeds by 3.4% by end 2002

11/08/2002 - 00:00 PM

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During the TMT Conference, organized by Morgan Stanley in Barcelona, the Seat PG Managing Director Paolo Dal Pino emphasized that, thanks to recovered efficiency and cuts in operating costs, the growth in gross operating profit compared to 2001 will amount to about 30% rather than the forecast 25-30%.

Dal Pino also confirmed that in 2002, Group revenues are expected to increase by 3-4% compared to 2001 (+2.6% in the first 9 months of 2002).