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Elektrobudowa Lowers Net Income Forecast to 40.7 Million Zloty

Elektrobudowa SA (ELB), a Polish engineering company, cut its 2011 net income forecast to 40.7 million zloty from 44.9 million zloty, citing shrinking margins and increased competition, according to a regulatory statement today.

To contact the editor responsible for this story: Pawel Kozlowski at pkozlowski@bloomberg.net

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