Wednesday, February 18, 2009

Romania's Alro 2008 net profit down 44 pct

BUCHAREST, Feb 18 (Reuters) - Romania's Alro Slatina ALRO.BX, one of Europe's largest aluminium smelters, said on Wednesday its net profit fell 44 percent in 2008.

Alro, majority owned by Netherlands-based Vimetco (VICOq.L), said its net profit dropped to 244 million lei against 436 million lei in 2007.

The most pessimistic analyst forecast obtained by Reuters was 128.5 million lei, while the most optimistic was 345 million. (Reporting by Marius Zaharia; Editing by David Holmes)

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