GM mit sattem Verlust : 8,45 Dollar je Aktie

GM quarterly net loss mushrooms to $4.8 billionThu Jan 26, 2006 8:43 AM ET

DETROIT (Reuters) - General Motors Corp. (GM.N: Quote, Profile, Research) on Thursday said its fourth-quarter net loss mushroomed to $4.8 billion as it struggled with high costs, shrinking market share and sluggish sales of sport utility vehicles.

The world's largest automaker said the loss amounted to $8.45 a share, compared with a year-earlier loss of $99 million, or 18 cents a share.

Excluding one-time items, the company lost of $1.2 billion, or $2.09 a share. On that basis, analysts' average forecast was a loss of 12 cents a share, according to Reuters Estimates.

GM shares dropped 2.7 percent to $23.20 in pre-market trade on the Inet electronic brokerage system, down from a close at $23.85 on the New York Stock Exchange on Wednesday.

One-time items reduced earnings by $3.6 billion, or $6.36 a share. They included a restructuring charge of $1.3 billion at GM's North American operations, and a preliminary after-tax charge of $2.3 billion related to a benefit guarantee with the United Auto Workers union and bankrupt auto parts supplier Delphi Corp. (DPHIQ.PK: Quote, Profile, Research).

Analysts were expecting charges after GM in October announced plans to slash 30,000 jobs and shutter 12 facilities, but no one knew how large the charges would be.

Fourth-quarter revenue fell to $51.2 billion from $51.4 billion a year earlier.

The fourth-quarter loss brought GM's net loss for the full year to $8.6 billion.

The automaker has been facing high labor and raw materials costs, loss of market share to foreign rivals, and disappointing sales of high-profit SUVs.

GM has seen its debt rating cut to below "junk" status several times in the past year, by agencies such as Moody's and Standard & Poor's.

The automaker plans to sell a controlling stake in its finance arm, GMAC, in order to restore the unit's investment-grade ratings.

   
Quelle: http://today.reuters.com/business/...USINESSPRO-AUTOS-GM-EARNS-DC.XML 

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