ENCE quadruples profits in 2000

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Spanish ENCE group reports a four-fold increase in net profits from previously Pta5.02bn to Pta20.06bn (EUR120.6m) in 2000. Consolidated sales totalled Pta101.99bn or EUR613m, equalling a year-on-year improvement of 44%. Operating profits in 2000 were enhanced by a healthy pulp division which produced 883,000 t of ...

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