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FRANCE: Turnover surges at Louis Dreyfus

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The French orange juice company, Louis Dreyfus Citrus (LDC), registered sales of €607.5m ($598.7m) for the fiscal year to the end of June 2002, up 57.7% from last year's turnover of €385.2m ($379.6m).

The company, which operates processing plants in Brazil and the US, more than doubled its turnover in the final quarter of the year, posting sales of €207.4m ($204.4m) for the fourth quarter against €88.1m ($86.8m) in the corresponding period last year.

Dreyfus, which is 97%-family owned, produces some 250,000 tonnes of orange juice concentrate a year and owns 25,000 acres of orange groves in Brazil.


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