IWKA narrows loss in 2006, sees 2007 profit

Newswire

MUNICH, March 29 (Reuters) - German automation firm IWKA narrowed its loss to 69.4 million euros ($92.59 million) in 2006 from 147.5 million in 2005, it said in its annual report on Thursday. Sales from continuing operations rose to 1.57 billion euros from 1.44 billion. It said it expected a significant profit after tax in 2007.

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