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EU fine cuts result of French Cascades

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Published in issue 29/1999
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Cascades S.A., the French subsidiary of the Canadian Cascades group, slipped further into the red despite external growth and higher sales in the 1998 financial year. The specialist in folding boxboard and pulp recorded a net loss of FF80.11m (1997: FF11.4m) for 1998 due to stiff competition and a fine imposed by the ...

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