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Repeats sees 2008 operating profit down y y Reporting by Helsinki Newsroom Keywords TECNOMEN RESULTS
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Comparable operating profit totaled EUR 4.7 mn down from EUR 5.1 mn in the corresponding period in 2005 representing 7.4 % of net sales .
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In Finland Hobby Hall sales decreased by 10 % and international sales fell by 19 % .
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Hobby Hall sales decrease 26 pct due to implementing a new information system that involved changing in the principal of posting sales .
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In the Baltic states the company reports net sales of EUR 11.9 mn down from EUR 14.2 mn and an operative EBIT of EUR 2.2 mn down from EUR 1.7 mn .
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Operating profits in the half were 0.8 m down from 0.9 m as Glisten invested in the brand and the management team .
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Sales in Finland decreased by 2.0 % and international sales decreased by 9.3 % in terms of euros and by 15.1 % in terms of local currencies .
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The company said that its comparable operating profit for the January June period fell short of last year corresponding performance .
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Operating result for the 12 month period decreased from the profit of EUR0 .4 m while turnover decreased from EUR5 .6 m as compared to 2004 .
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HELSINKI Thomson Financial Shares in Cargotec fell sharply in early afternoon trade after the cargo handling group posted a surprise drop in April June profits which overshadowed the large number of new orders received during the three months .
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LONDON MarketWatch Share prices ended lower in London Monday as a rebound in bank stocks failed to offset broader weakness for the FTSE 100 .
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Rinkuskiai beer sales fell by 6.5 per cent to 4.16 million litres while Kauno Alus beer sales jumped by 6.9 per cent to 2.48 million litres .
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Operating profit fell to EUR 35.4 mn from EUR 68.8 mn in 2007 including vessel sales gain of EUR 12.3 mn .
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Net sales of the Paper segment decreased to EUR 221.6 mn in the second quarter of 2009 from EUR 241.1 mn in the second quarter of 2008 while operating profit excluding non recurring items rose to EUR 8.0 mn from EUR 7.6 mn .
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Sales in Finland decreased by 10.5 % in January while sales outside Finland dropped by 17 % .
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