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Yalco improves 1997 results

5 February 1998: Greek Glass and tableware wholesaler, Yalco, said it plans to raise its 1997 dividend per share by 30% to Dr 65. Yalco closed 1997 with turnover of over Dr 8 billion, against Dr 6.55…

5 February 1998: Greek Glass and tableware wholesaler, Yalco, said it plans to raise its 1997 dividend per share by 30% to Dr 65. Yalco closed 1997 with turnover of over Dr 8 billion, against Dr 6.55 billion forecast in its prospectus. Net profits were expected to exceed Dr 750 million compared with a prospectus forecast of Dr 603 million.

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