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CHRISTIAN SALVESEN PREDICTS SHORTFALL

CHRISTIAN SALVESEN PREDICTS SHORTFALL

      The British logistics group Christian Salvesen Plc said Friday it would fall short of earnings forecasts after a slump in its industrial business in the United Kingdom.

   Salvesen’s chief executive, Edward Roderick, told Reuters that the Christmas-New Year period had been unusually slow. The company was expected to show a pre-tax profit of '40 million ($57 million). Roderick predicted that pre-tax profits would be down '6 million.

   The logistics group transports food, consumer and industrial goods for retailers and carmakers.