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Baumax ended 2011 in negative territory

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Published in issue 34/2012
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The Austrian DIY store operator Baumax AG, headquartered in Klosterneuburg, suffered hefty losses last year. A balance sheet published in the official journal of the newspaper Wiener Zeitung showed that the firm posted a net loss of around €14.6m for 2011. One year earlier, Baumax reported a profit of €18.4m. ...

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