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Burgo’s profits up despite slight losses in sales

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Published in issue 42/2001
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The Italian paper manufacturer Cartiere Burgo SpA was able to close the first half of the current business year 2001 with considerably greater pre-tax profits despite slight losses in sales. Whilst sales fell from L1,735.5bn to L1,696bn in the first six months of 2001, pre-tax profits rose to L203.6bn (L168.3bn). ...

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