Compagnie des Machines Bull SA said French press reports of its 1993 results contained errors and were based on unverified and unofficial information and it will give its results on March 2: two French papers yesterday said Bull was poised to report an operating loss of $570m for the year; quoting Bull trade unions Le Figaro said 1993 turnover would fall 7% and said Bull management told unions the fall in turnover was smaller in the second half of the year at around 4% than the 9.4% decline in the first half; Liberation said Bull’s recapitalisation plan under which France plans to inject $1,250m to bring it to break even faced opposition in Brussels, not really news!
