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. Last Updated: 07/27/2016

AvtoVAZ to Reverse 2009 Losses

AvtoVAZ expects “positive” earnings before interest, taxes, depreciation and amortization, chief executive Igor Komarov said Thursday.

The automaker will probably reverse its operating loss to zero this year, after reporting a “significant” loss for 2009, wider than the previous year, Komarov said.

(Bloomberg)