Gorenje Shows Loss in 2009
Mar 12, 2010
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Slovenian appliance producer Gorenje reported consolidated 2009 revenue of EUR 1.2 billion, for a decrease of approximately 11 % compared with 2008.

Performance in the final quarter of 2009 exceeded the company's expectations and the company ended with a positive free cash flow of EUR 33 million. Still, it was the first time in two decades that Gorenje showed a yearly loss.

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