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Italmobiliare subsidiary performs well

Italian property company Italcementi has closed the third quarter on a positive note, thanks to the good performance of its parent company Italmobiliare.

The property group registered profits of ¬137m (L265.3bn) during the third quarter, representing a 25.1% increase, and net competition profits of ¬71m (L137.5bn), up 56.3%.

Il Sole 24 Ore, 14 November 2001, p35

 

 

 

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