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Europe & CIS - 18 May 2010

Titan reports Q1 results

Titan Group Turnover for the first quarter of 2010 reached €286 million, down by 7% compared to the first quarter of 2009. EBITDA fell by 5% to €61 million. The Group’s net profits, after minority interests and taxes, stood at €25 million, up by 16% compared to last year.