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Conservative approach the way for Geneva and St Laurence
Wednesday 1st of July 2009
The companies' annual reports echoed sentiments about the tough economic climate blurring their outlook for the next 12 months. Still, both envisaged a conservative approach to be prudent, with tighter controls on costs and the divestment of assets deemed unnecessary a common theme.
Geneva said it was confident its restructuring left it well-placed to survive the recession, although it i...
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