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Bull sales slip but operating target holds

by Staff Writers
Paris (AFP) Jul 27, 2006
French software group Bull said on Thursday that sales in the first half of the year had slipped but held to its reduced forecast for an operating profit for the whole of the year.

Sales in the first half totalled 559.2 million euros (704.3 million dollars), a fall of 2.2 percent from the figure for the same period of last year.

But the group stood by a forecast that operating profit would be 13.0-18.0 million euros in 2006, as it had announced in June when it had slashed its operating forecast from 40.0-45.0 million euros.

It expected operating profit in the first half to be 8.0 million euros.

In the first half, the number of orders taken had increased by 21.0 percent.

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Technip strikes profits bonanza, hits production snags
Paris (AFP) Jul 27, 2006
French oil services group Technip raised net profit in the second quarter by 55.0 percent and raised its profit forecast for the year while warning on Thursday that it was encountering manufacturing problems.







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