Thursday, April 26, 2007

Dutch group Stork Q1 net up 2 pct, aviation weak

(Reuters) - AMSTERDAM, April 26 - Dutch industrial group Stork NV said on Thursday first-quarter net profit rose 2 percent, at the low end of expectations, as weak earnings from its aerospace unit offset robust results from other divisions.

Net profit increased to 19 million euros , compared with forecasts ranging from 18 million to 23 million euros in a Reuters poll of five analysts. Earnings before interest and tax were up 5 percent to 25 million euros.


Read more at Reuters.com Mergers News

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