DSM third quarter earnings disappoint

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Chemicals company DSM booked turnover of €2.15bn in the third quarter of 2010, an increase of 7% on the year earlier period.


But the rise was below analysts’ expectations, hitting DSM’s share price.
One-offs hit net profit, which fell from €374m in 2009, to €79m. The sale of a Belgian citric acid plant generated a book loss of €38m.
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