UK: Honda Europe break-even in 2004 - report
Honda Motor Europe president Minorou Harada said today that he expects European operations to break even by March 2004, according to Dow Jones. Harada told a business briefing in London that to return to profitability the euro needs to gain 15% against sterling, Dow Jones said, adding that Harada's break-even forecasts were based on an exchange rate of 105 yen to the euro.
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