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Hannover Papier records large loss

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Published in issue 19/1997
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Hannover Papier AG of Germany records consolidated net losses of DM54.77m in its 1995/96 financial year (ending September 30). In its annual report the company explained that it had still generated profits of DM41.46m in its short financial year of 1995 (January 1 until September 30). The negative results were said to ...

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