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Aquilo announces disappointing operational results for 2003

Aquilo has announced disappointing operational results with a loss of £1,794,066 for the year ended 31 December 2003 but said 2003 was a transforming year for the Group in terms of implementing its business strategy and laying the foundations for growth.

During the second half of 2003 the Group successfully established a number of strategic alliances, which enabled the company to expand the range of claims management activities to include engineering

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