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Thursday 16 July 2009 
Oeneo’s sales decrease despite good results posted for Diam corks

Oeneo Group achieved sales of €32 million in the first quarter of 2009, a 6.8% decrease compared to the €34.3 million in sales accomplished in the first quarter of 2008. This decrease is partially due to poor results in the barrel-making division, whose sales decreased by 15.3% down to €17 million. The cork division, on the other hand, posted a 5.1% increase up to €15 million, supported by significant growth in the Diam cork range. (Source: VSB)


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