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Russia’s freshly IPO'd Etalon lifts 1H11 net 41% to $96m
23 October 2011, 04:06 PM
Russian home developer Etalon, which raised $575m in a London IPO in April, reported first-half net profit up 41% at $96m, propelled by a rapid general economic recovery that translated into a 25% rise in EBITDA and higher margins.
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