ITALY: La Doria sees €3.9m net operating profit for last year
La Doria, a leading Italian processor of tomato based foods, has recently unveiled a €3.9m (US$3.5m) net operating profit for 2001. The board of directors of the Salerno-based company will propose to the shareholders meeting a buyback plan for up to €12m with an 18-month duration. The board is also preparing to propose a capital increase plan, under which La Doria will use its reserves to increase the nominal value per share to €1.10 from €0.52.
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