date:Nov 27, 2013
in February looking bleak.
The second half will be sharply impacted by China and we want to continue investing, so we expect a decline of 20 percent or slightly more in full-year operating profit, Chief Executive Frederic Pflanz told a news conference on Tuesday.
We still have a tense situation on stocks and we do not have positive expectations for the Chinese New Year, Pflanz added.
Remy's operating profit in its last fiscal year was 245.4 million euros ($331.5 million).
Like its global riv