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AvtoKrAZ Continues Sales, Production Growth in 5M07

AvtoKrAZ Continues Sales, Production Growth in 5M07

12 June 2008

AvtoKrAZ (KRAZ: HOLD) released its 5M07 sales and production figures. Sales during the period were up 50% yoy to 1,738 units (after increasing 50% in 4M07). Meanwhile, production enjoyed a 63.8% yoy increase to 1,771 automobiles. Inna Perepelytsya: We projected sales of 4,370 trucks in 2007 and the company’s 5M07 results are in line with our projections.

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