Autologic profits dented by French problems

Shares in AutoLogic were driven lower today after the UK-based car transportation firm said weakness in the French car market had dented profits.

Autologic profits dented by French problems
Wed, 25 Aug, 2004 - 12:51

Shares in AutoLogic were driven lower today after the UK-based car transportation firm said weakness in the French car market had dented profits.

The stock lost 14% of its value as investors saw losses from its operations in France more than double to £2.4m (€3.6m) during the six months to June 30.

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