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Lafarge Reports Unexpected Fourth-Quarter Loss as It Reduces 2011 Dividend
Lagarge SA posted a net loss in the fourth quarter of 3 million euros. Analysts had expected a profit of 258 million euros in the period.
The French construction materials company’s loss compares with a profit in the year-earlier period of 62 million euros.
Lafarge said it expects higher pricing in 2012.
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