RDM posts higher profits despite lower sales, and flat demand trend for GD

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All in all, 2020 was not a bad year for the Italian cartonboard producer Reno de Medici (RDM). Despite a 3 per cent decline in sales, Milan-based RDM more than doubled its net profit to €33.5m. The company also slashed its net debt, which stood at €8.9m as of 31 December 2020 as compared to €52m one year ...

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