Europac results down despite increase in sales

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Papeles y Cartones de Europa (Europac) was able to increase its revenues in the first half year 2012 by 4% compared to the same period in 2011. The company’s EBITDA was at €44.1m, down 20% from 2011. The net result came in at €2.3m, down 93% from the same period last year. “As we had anticipated the results of ...

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