Portucel delivers more but posts lower results in first half

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Portuguese pulp and paper manufacturer Portucel has closed the first half of the year 2014 with lower results despite an increase in deliveries. The company’s operating profit and net result were down by 10% and 7.3% year-o-year to €112.3m and €90.6m. Sales in the first six months amounted to €747.2m which is ...

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