Axa Stenman Industries Profits Up 22%

VEENENDAAL, The Netherlands (February 17) – Despite a difficult market situation and a 2.8% drop in turnover, Axa Stenman Industries NV reported a 22% higher net profit in 2002 compared to a year earlier. Major cost reductions like a strong drop in the number of employees,formed the basis for the rise in net profit to

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