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Horizon reports 8% increase in gross profits

16/03/2006 - 10:49:30
IT group Horizon has reported an 8% increase in gross profits for last year.

The company, which is based in Ireland and Britain, said it made profits of €35.2m in the year to the end of December, with revenue up 5% to €294.1m.

Horizon said "market share gains, operational gearing and effective capacity utilisation" were key drivers in the company's performance in 2005.

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