Alno: better profits despite plunge in H1 revenues

The German kitchen furniture manufacturer Alno AG, based in Pfullendorf, booked a 13.2% decline in revenues to €264.8m (Jan.-June 2007: 305.2m) in the first six months of 2008. This development was primarily caused by an 18.2% drop in domestic turnover, which the firm attributed to the poor state of the market and a ...

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