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Daily News

Indesit Posts Quarterly Loss
Jul 31, 2009
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Indesit SpA, posted a loss in the second quarter verses a profit in the same period a year earlier.

The company had a loss of 8 million euros in the three months through June, compared with net income of 12.1 million euros a year earlier. Indesit said in a statement that weak demand in the second half for household appliances would limit full year sales to 2.5 billion euros to 2.6 billion euros.

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