Cascades S.A. slipped into the red

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Cascades S.A., the French packaging paper and board subsidiary of the Canadian Cascades group slipped into the red in the last financial year. In 1996 Cascades incurred a net loss of FF11.7m, down from a net profit of FF105.3m in 1995. The company, which is producing cartonboard and corrugated case material, explained ...

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