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Gorenje Group Halves Profit, Boosts Revenues in 2011

Velenje, 12 March - The group around the household appliance maker Gorenje saw its net profit drop 54.5% year-on-year to EUR 9.1m in 2011. Group sales revenues were meanwhile up 2.9% to EUR 1.4bn, according to unaudited results released on Monday.

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