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NORWAY: Orkla suffers from strong crown

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Orkla, the Norwegian group which owns a 40% stake in Carlsberg Breweries, reported today that operating profit fell by a bigger-than-expected 10% in the second quarter. The company said it was affected by the strong Norwegian crown. But the company also said that it expected higher 2002 earnings from beer in a partnership with Carlsberg compared to 2001.


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