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Meat giant Animex at last posts a small profit

One of the largest meat producers, Grupa Animex, whose main shareholder is American Smithfield Foods INC, yesterday made public its financial results for the year ending March 2003. "For the first time in four years we made a small gross profit of zł. 3 million on sales of zł. 1.3 billion," said Animax president Morten Jensen. He added that the company has increased its exports by around 20%. "We have exported over 22,000 tonnes of meat across the world, which is 4,000 tonnes more than last year," Jensen told a press conference. He also revealed that the company invested $6 million last year. "This year we intend to invest even more," Jensen added, but he declined to reveal exactly how much. (www.onet.pl) K.Z.

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