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Enso reports 52% fall in profits for 1996

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Published in issue 12/1997
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Following the general trend in the pulp and paper sector, Finnish Enso group recorded a 52% fall in profits after financial items from FM3.5bn in 1995 down to FM1.66bn in 1996. Operating profits dropped from FM4.9bn to FM2.7bn on sales down 8,4% from FM28bn to FM25.7bn. Enso Oy began its official operations on 1 May ...

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