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Healthy Q1 figures mean 2004 looks anything but lean for meat producer Duda

Previously, the firm envisaged boosting its profits by 40% to reach zł.23.4 million, but now it seems apparent that the end figure will be far greater. However, that said, the firm's management are reticent about announcing a new annual profit plan at this point in time. "We will do it after we make sure that export trends continue to be strong... There is no sense in increasing forecasts a few times," said Maciej Duda, managing director of the company. He also added that the firm is taking orders from Western Europe, as well as countries that joined the EU at the same time as Poland and from Eastern Europe. The firm is currently planning sector acquisitions of two as yet unspecified companies, one with an annual turnover of between zł.200-300 million and the other of over zł.100 million. (Puls Biznesu, pp. 1, 11) M.M.

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