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SG Securities sees recovery for Pochet

French perfume bottle and cosmetic container company Pochet should, according to SG Securities, show a recovery this year, after a disappointing 1999.
SG Securities maintains Pochet“s crystal makin…

French perfume bottle and cosmetic container company Pochet should, according to SG Securities, show a recovery this year, after a disappointing 1999. SG Securities maintains Pochet“s crystal making subsidiary Lalique is a strong source of growth and will represent 30% of the group“s profit in 2002, compared with 10% last year. The broker puts Pochet“s net earnings per share for 2000 at Euros 6.30 and at Euros 7.20 for the following year.

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