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TISG — Italian Sea SpA News Story

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Italian Sea Group's nine-month net profit falls 56%

Nov 12 (Reuters) - Luxury yacht maker Italian Sea Group's TISGR.MI net profit for the first nine months of the year slumped by 56% year on year to 16.6 million euros ($19.36 million), it said on Wednesday.

The company also posted a 15% drop in core profit to 42.6 million euros but said that its annual earnings guidance remains unchanged.

($1 = 0.8575 euros)

 (Reporting by Laura Contemori
Editing by David Goodman)

 ((Laura.Contemori@thomsonreuters.com;))

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