ZF’s chairman Siegfried Goll has told the online version of the Financial Times Deutschland that it achieved a higher full year 2005 turnover than previously announced, with revenues increasing 9%, rather than the 7% reported in December 2005.
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Then the company reported revenues for the year of €10.7bn.
As a result ZF has also increased its forecast for 2006, in contrast to earlier pessimism that it would only achieve a slight increase in sales at best.
