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CEESEG: Harsh Environment Depresses Earnings for 2011
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CEE Stock Exchange Group reports a massive cut in earnings, which is mainly due to impairment losses of Budapest Stock Exchange.

CEESEG Aktiengesellschaft, the group parent company of the exchanges of the CEE Stock Exchange Group, which includes Budapest, Ljubljana, Prague and Vienna, reported a profit on ordinary business activity (EBT) of € 15.42m (2010: € 30.13m). This decrease was caused mainly by the adverse environment, primary due to impairment losses of € 11.75m recognized for the Budapest Stock…
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