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Further AFT division losses impact Group result

The result for this year's third quarter, which ended September 30,

shows the AFT division of Kardex to have sustained further, unexpected

losses of approximately five million EUR in the third quarter due to

technical problems encountered in the course of making major projects

operational. Contrary to the expected profit at group level, the

development at AFT division will lead to a negative Kardex Group result

for 2006.

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