VIEILLE MONTAGNE REPORTS LOSS, DIVIDEND NIL
1986 Year
    Net loss after exceptional charges 198 mln francs vs profit
    250 mln
    Exceptional provisions for closure of Viviez electrolysis
    Plant 187 mln francs vs exceptional gain 22 mln
    Sales and services 16.51 billion francs vs 20.20 billion
    Proposed net dividend on ordinary shares nil vs 110 francs
    Company's full name is Vieille Montagne SA <VMNB.BR>.
 REUTER
