HOOGOVENS EXPECTS CLEAR LOSS IN 1987

  &lt;Koninklijke
  Nederlandsche Hoogovens en Staalfabrieken NV> said it expected
  a "clear loss" for 1987.
       The company reported its 1986 profits were 44 pct lower at
  154.6 mln guilders than in the year before.
       Turnover was 18 pct lower than in 1985.
       The main reason fo the fall in turnover was the lower rate
  of the dollar, the company said. The lower costs for raw
  materials and energy, resulting from the lower dollar, could
  not compensate the fall in revenues.
       Costs 5.61 billion guilders vs 6.66 billion
       Depreciation 457 mln vs 493 mln
       Operating profit 375 mln vs 598 mln
       Financial charges 155.1 mln vs 169.4 mln
       Extraordinary loss 12 rpt 12 mln vs 138 mln
       Crude steel production five mln tonnes vs 5.3 mln
       Aluminium production 96,000 tonnes vs same.
  

