Lock Maker AXA Shows Strong Growth in Profits

VEENENDAAL, The Netherlands – (5 March) Axa Stenman has shown a growth in profit of 36.6% to NLG 15.2 million (US$6.4mn;EUR6.9mn) in 2000. The company located in Veenedaal is a manufacturer of hinges and locks as well as bicycle accessories and has booked an enormous rise in turnover of 72.2% with its take over last