07 September 2005 -

Report Summary

54% higher than our estimate of US$ 4.90 mn, Uzel posted US$ 7.59 mn consolidated IFRS profit for 1H05. Decrease at the company’s net income from its 1H04 level US$ 10.01 is in line with the market, since we all expected a contraction at the sector after 34% growth in 2004.

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