Bloomberg News

Pegas Nonwovens Falls Most in Five Months After Reporting Loss

March 15, 2012

Pegas Nonwovens SA (PEGAS), a Czech maker of textiles used in hygiene and healthcare, dropped the most in almost five months after publishing a fourth-quarter loss today.

The stock fell as much as 2.9 percent, its biggest intraday decline since Oct. 24, and traded down 2.3 percent at 438 koruna by 10:16 a.m. in Prague. The PX (PX) equity gauge was little changed.

To contact the reporter on this story: Krystof Chamonikolas in Prague at kchamonikola@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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