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Nobia: Restructuring costs led to loss also in 2010 business year

Significant improvement in results expected for next few years

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Published in issue 8/2011
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The Swedish kitchen furniture manufacturer Nobia, headquartered in Stockholm, booked decline in turnover by 9% to SEK14.085bn (2009: 15.418bn) last year. This was primarily attributable to negative exchange rate effects (-7%) as well as the sale of Nobia’s shareholding in the German kitchen furniture producer ...

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