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Vosper Profit Up Eight Percent

Maritime Activity Reports, Inc.

November 16, 1999

Vosper Thornycroft Holdings Plc, Britain's second biggest warship builder, reported an increase in pretax profit of 8.2 percent to $25.9 million in the six months ending Nov. 11. The company raised its interim dividend 8.3 percent. Turnover and operating profits are both up 23 percent.

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