Groupe Gascogne suffered drop in earnings

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In a difficult economic climate French Groupe Gascogne suffered a loss in earnings in the business year 2005. The conglomerate (wood, paper, laminates, distribution) posted a net loss of €26.2m in 2005 versus a profit of €6.0m in the previous year. Operating results also slipped in the red (-€26.4m), down from a ...

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