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Profit warning

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Hexagon Composites warns of a weaker result in the fourth quarter of 2010 than anticipated in the previous interim report. This is mainly due to reduced sales in the subsidiaries Devold AMT and Ragasco.

 

Sales in both companies have been lower than expected in this quarter. There are also overdue payments.

 

For more information:
Erik Espeset, Group President, Hexagon Composites ASA
Telephone: +47 90 52 00 33 | E-mail: erik.espeset@hexagon.no

 

Tor O. Husø, CFO, Hexagon Composites ASA
Telephone: +47 70 11 64 45 | E-mail: tor.huso@hexagon.no 

 

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

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