Tata Motors Exec Expects Growth, Profits To Be Higher in FY 2018-19 [Reuters]
Tata Motors Ltd Tata Motors Limited (TTM)
US:NYSE Investor Relations:
tatamotors.com/investor/volumes
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Source: Reuters
Tata Motors Ltd (TAMO.NS) Key Developments | Reuters.com May 23 (Reuters) - Tata Motors Ltd ::EXEC SAYS CO SEES SIGNIFICANT CHALLENGES IN THE U.K. DUE TO BREXIT, HIGHER TAX ON DIESEL CARS.EXEC SAYS EBITDA MARGINS AT 12.2 PERCENT IN Q4 VERSUS 14.4 PERCENT IN YEAR AGO PERIOD.EXEC SAYS INFLATION AND INTEREST RATES ARE A CAUSE FOR CONCERN IN INDIA.EXEC SAYS CO EXPECTS COMMODITY COSTS TO BE HIGH IN INDIA, EXPECTS INVESTMENTS TO BE HIGHER.EXEC SAYS GROWTH, LIKELY TO BE HIGHER IN CURRENT FY2018-19 WITH BETTER PROFITABILITY.EXEC SAYS "NOT COMFORTABLE WITH THE DEBT THAT WE SEE". Full Article May 23 (Reuters) - Tata Motors Ltd ::SAYS FULL YEAR RETAIL SALES REACH 614,309 CARS, REVENUES INCREASE 6.0% TO £25.8BN, GENERATING £1.5BN OF PRE-TAX PROFIT.JLR SAYS FOURTH-QUARTER RETAIL SALES OF 172,709 UNITS, GENERATING REVENUES OF £7.6BN AND £364M IN PRE-TAX PROFIT.JLR SAYS SALES HAVE REACHED A NEW HIGH. STRONG DEMAND IN OUR KEY OVERSEAS MARKETS HAS OFFSET THE CHALLENGING CONDITIONS IN THE UK AND OTH
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