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AB enjoys successful debut on stock market

Rights to shares had better results, with their value rising by 1.35% to zl.16. Their turnover was much less fluid, however, as all new shares were bought by financial investors.Millennium analyst Adam Zajler said that the price of AB shares was quite high, indicating a successful debut on the stock exchange. AB president Andrzej Przybyllo is confident of future forecasts, while Piotr Nowajalis, the financial director, said AB wants to maintain last's years dynamics of 45% net profit which and revenues of 22%. In H1 AB's net profit amounted to zl.2.21 million compared to zl.0.98 million in 2005. Revenues also totaled zl.499.16 million compared to 400.06 million in 2005. As the market closed one share was worth zl.11.70, or a 1.7% increase on the issue price. (Puls Biznesu p. 10) M.M.

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