Italian dairy company Parmalat SpA revealed today (27 March) that its pro-forma cash flow reached about EUR200m (US$240.5m) in 2005.

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According to Dow Jones, Parmalat said that in the first two months of 2006 its earnings before interest, taxes, depreciations and amortisation (EBITDA) rose 18% to EUR45m from EUR38m a year ago.

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