VE » Topics » STRONG INCREASE IN NET INCOME

This excerpt taken from the VE 6-K filed Mar 11, 2008.

STRONG INCREASE IN NET INCOME

 

Driven by the combined effect of good operating results, the leveling-off in tax expenses (as the effective tax rate decreased from 29.3% to 25.0%, benefiting primarily from lower tax charges in Germany and the United Kingdom) and the tight control of the net costs of borrowing, net income increased to €927.9 million in 2007 from €758.7 million in 2006 (up 22.3%).

 

This excerpt taken from the VE 6-K filed Mar 9, 2007.

STRONG INCREASE IN NET INCOME

 

Driven by the combined effect of good operating results and tight control of borrowing costs,

EXCERPTS ON THIS PAGE:

6-K
Mar 11, 2008
6-K
Mar 9, 2007
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