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29.10 2012 19:21:13

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Kamaz heartens investors

by Andrey Shenk

Kamaz has released financial results for the first nine months of 2012, according to RAS. The results have beaten analyst estimates, and show sales growth in the reporting period. The reporting, however, will have no tangible impact on quotes for Kamaz shares, given that in contrast to IFRS, RAS results do not consolidate results from subsidiaries and only show general trends.

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