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(From Chemical Business NewsBase - European Paint and Resin News)
Sto AG, a global producer of external wall insulation systems, registered increased sales but a decline in net profits in the first nine months of 2005. Consolidated sales increased from EUR 528.6 M to EUR 569.3 M and net profits dropped from EUR 13.9 M to EUR 6.5 M. Sales growth was propelled by the group's international subsidiaries, with sales outside Germany rising by 13.5% from EUR 261.0 M to EUR 296.3 M. Within …