UK: MG Rover reports £254 million loss
MG Rover made a loss of £254 million ($US360 million) for the eight months ended 31 December 2001 on a turnover of £961 million ($US1.36 million). But the company says that was less than half the operating loss incurred in the full year 1999 - around £780 million - and "represents a significant improvement in the underlying business performance".
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