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CAF obtained an after-tax profit of 5.966 billion euros during the first half of 2004, which represents an 11% increase with respect to the same period last year

The order portfolio as of 30 June 2004 stood at 2.7509 billion euros, 25% of which corresponds to export operations. The staff totalled 3,706 people on this date, an increase of 262 employees with respect to the previous year. Further information on this web page in Periodic Public Information and in Important Facts communicated to the Spanish Securities and Exchange Commission.

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