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Deceuninck: Q4 sales fall to EUR 128m as construction crisis bites

Profile manufacturer Deceuninck (Hooglede-Gits / Belgium; www.deceuninck.com) has reported sales of EUR 128m for the fourth quarter of 2009, a year-on-year fall of 9.4%. In a trading update, the company blamed the "severe crisis” in the construction sector and weak local currencies for a 25% fall in sales in its central and eastern Europe region, which includes Germany, although sales in the German market fell back only slightly.

Overall sales volumes dropped by 2.1%, but remained constant year-on-year in November and December. Full year sales in 2009 fell by almost 20% to EUR 506m with volumes down by 15.3%.

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