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Turbon Posts Losses in First Half Due to Write-Down in the Value of ILG and Inventories

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On September 29, Turbon AG reported its financial results for the first half of fiscal 2017. It was not a good start to the firm’s fiscal year. In August, Turbon tipped its hand that the first half of its fiscal year was not looking good (see “Turbon Warns Its First Half Looks Weak, Slashes Full-Year

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