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Sacyr posts 9-mo core profit 363 mln eur

Mon Nov 16, 2009 5:07am EST

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MADRID, Nov 16 (Reuters) - Spanish builder Sacyr Vallehermoso (SVO.MC) posted on Monday a 25 percent fall in nine-month core profit to 363 million euros ($543.6 million), just below analysts' forecasts. Earnings before interest, taxes, depreciation and amortisation (EBITDA) had been forecast at 370 million euros from a Reuters survey of five analysts.

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Sacyr reported nine-month net profit of 461 million euros, and net financial debt of 12.8 billion euros at September 30, down from 15.1 billion at end December 2008.

The company is holding a conference call on its nine-months results which started at 1000 GMT.

(Reporting by Jonathan Gleave; Editing by Tracy Rucinski)

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