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Odlewnie Polskie's H1 results win market favor

This year could turn out to be a record one for OP, as by the end of the year the firm plans to win several large contracts. "We have already signed a record number of contracts this year, and there is still a lot ahead of us. In the immediate future we should finalize several deals with our German partners," said Leszek Walczyk, OP's deputy president. In H1 this year, the company recorded a sales income of zł.50.3 million and a net profit of zł.3.08 million, as compared to zł.84 million and zł.4.5 million respectively in the whole of 2004. The company's good results are appreciated by analysts, who believe that the foundry has large potential and encourage investors to buy its shares. According to Tomasz Kaczmarek, DM BZ WBK analyst, the company's standing on the bourse, which yesterday reached the level of zł.4.46 per share, may soon increase to even zł.6.05 within the next 12 months. (Parkiet, p. 6) A.F.  

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