Danish company Aarhus Oliefabrik, which produces food and pharmaceutical ingredients, have revealed that it expects to post a net profit of between €16.7m (US$14.6m) and €19.4m for 2002.

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In it 2001 financial report, released yesterday [Wednesday], the company added that operating profit is expected to equal between €32.1m and €34.7m for 2002.


Aarhus Oliefabrik posted significantly a higher net profit of €22.2m in 2001, a period that also generated operating profit of €38m.

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