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French telecoms group Parrot H1 profit rises

Thu Jul 31, 2008 2:01pm EDT

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PARIS, July 31 (Reuters) - French small-cap telecoms group Parrot (PARRO.PA) said on Thursday that first-half net profit rose 30.5 percent to 15.5 million euros ($24.2 million), driven by growth in the United States.

Parrot shares closed down 4.1 percent at 11.83 euros, giving the company a market capitalisation of around 160 million euros.

For a July 1 interview with Parrot, see [ID:nL10381875].

(Reporting by Yann Le Guernigou; Editing by Erica Billingham)



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