Nordic Business Report-April 27, 2006-Larox Corporation reports 3-month profit of EUR52,000
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Finnish industrial group Larox Corporation reported on Thursday (27 April) an operating profit of EUR52,000 on sales of EUR25.1m for the financial quarter January-March 2006.
Operating profit for the three-month period improved from a loss of EUR3.0m, while sales increased from EUR15.3m, as compared to the corresponding period in 2005.
The company expected its net sales and profitability to improve during 2006.
One euro (EUR) is worth approximately 0.69 British pounds (GBP).
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