GERMANY: Varta 2001 sales up 4%
Vehicle battery maker Varta reported group sales rose by 4% to €1,159 million in 2001 (2000: € 1,112 million), the group's operating result before interest and taxes (EBIT) improved by 9% to €60 million (2000: €55 million) and the group's operating return on capital increased for the sixth time in succession to reach 20%.
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