Chrysler 2003 Annual Report Download - page 11
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Report on Operations
10
Stockholders
Financial communications
The Group pursues a policy of open communication with
individual and institutional investors. In the course of the year, its
investor relations program offers presentations, live or through
conference call, after the regular publication of Group results or
other events requiring direct communications with the market. In
addition, the program includes several seminars, which furnish a
more in-depth understanding of the operating performance and
strategies of the principal Group Sectors, and numerous meetings
and roadshows, which permit more direct contact between the
financial community and the Group’ senior management.
Performance of FIAT stock with respect to MIBTEL index and Eurostoxx Auto since January 1, 2003 (1/1/03=100)
Toll-free telephone number in Italy: 800-804027
Website: www.fiatgroup.com
E-mails: investor[email protected]oup.com
For holders of Fiat shares:
Toll-free telephone number in the USA and Canada:
800 900 11 35
Outside the USA and Canada: 781 575 43 28
Website: www.adr.com
For holders of ADRs:
20
40
60
80
120
140
01/2003 02/2003 03/2003 04/2003 05/2003 06/2003 07/2003 08/2003 09/2003 10/2003 11/2003 12/2003
100
Fiat ordinary shares
MIBTEL
Eurostoxx Auto
In 2003 the financial markets recovered significantly from their levels in 2002.
During the first quarter of 2003, stock prices fell due to the instability caused
by the conflict in Iraq and the uncertain prospects of economic recovery,
which were more than offset by the general improvement that followed in
the remainder of the year. In this context, the period of difficulty and great
change faced by the Fiat Group affected its stock price, which suffered more
than that of its competitors.
In the first part of 2003, Fiat stock was impacted by the heavy losses
reported for 2002. However, presentation of the Relaunch Plan by the new
management in June 2003 and the successful subscription of the capital
increase generated enough investor confidence as to permit stabilization
of the stock price in the second half of 2003.
Average monthly trading volume (in millions of shares)
Savings
Preference
Ordinary
0
50
100
150
200
250
300
350
400
12/0311/0310/0309/0308/0307/0306/0305/0304/0303/0302/0301/03