Apollo Tyres predicts 18 percent sales growth
Apollo Tyres expects to continue its historical growth rate of sales increasing by 18 percent each year. The company reported a net profit of Rs 1200 million (€22.7 million) on gross sales of Rs 20,256 million (€384 million) for the 12 months ending March 2003. In a statement, Apollo Tyres said margins had been under pressure because of high natural rubber prices
This is an external link and should open in a new window. ERJ is not responsible for the content of external sites.
Sify (India) story
Apollo Website
This article is only available to subscribers - subscribe today
Subscribe for unlimited access. A subscription to European Rubber Journal includes:
- Every issue of European Rubber Journal (6 issues) including Special Reports & Maps.
- Unlimited access to ERJ articles online
- Daily email newsletter – the latest news direct to your inbox
- Access to the ERJ online archive