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Heavy squeeze on Burgo Group's margins

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Published in issue 16/2007
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Last year, drastically higher costs for raw materials and power burdened the financial results of Italian Burgo Group. After recording EBITDA of €284.6m in 2005, last year Burgo Group recorded EBITDA of €195.1m. Net profit slumped by approximately 69% in 2006 to €21m (2005: €67.7m). The company said even last ...

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