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Vtech makes confident start - ToyNews

Vtech makes confident start

Vtech says it expects revenues for Q1 2009 to be higher than the previous year.
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The firm underline its confidence, ahead of its full results announcement by issuing a statement saying: "Overall, the board is satisfied with the performance of the group's businesses in the first quarter of financial year 2009 but remains mindful of the economic conditions in our markets, especially the United States," said the group.

"High oil prices, rising labour costs and inflation in mainland China continue to impose pressures on the group.”

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