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Europac: half-year results depressed by dollar rate

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Published in issue 38/2003
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The Spanish group Papeles y Cartones de Europa, S.A. (Europac) attributes the decline in its business results registered in the first half of 2003 primarily to the weak dollar exchange rate during the reporting period and the resultant drop in the price of kraftliner. At around €82.0m, the Spanish group’s sales in ...

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