Waterford Wedgwood tackles losses

Waterford Wedgwood has cut its losses by €69.2m to €188.9m, a move which the company says signals its progress back to profitability.

Waterford Wedgwood tackles losses
Mon, 12 Jun, 2006 - 08:53

Waterford Wedgwood has cut its losses by €69.2m to €188.9m, a move which the company says signals its progress back to profitability.

Company chief executive Peter Cameron said: "Fiscal 2006 was a year of unacceptable losses for Waterford Wedgwood. However, we believe our transition back to profitability is gaining momentum."

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