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Kardex reports significant increase in profitability in first half-year 2007

Successful turnaround in operations – EBIT increase in both divisions – sustainable growth by concentrating on intrinsic strengths.

In the first half of 2007, the Kardex Group achieved a turnaround in its

operations, increasing its operating result by EUR 8.7 million. In the

first six months of the current financial year, Kardex reported a

gratifying net result of EUR 8.3 million as against a loss of EUR -0.4

million in the previous year.

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