Hedging rescues Rottneros’ earnings

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Rottneros’ earnings rose in the first quarter of 2003 even though sales remained below the level achieved in the previous year. With net profits of SKr8m (2002: SKr1m) and an operating profit of SKr16m (SKr1m) the figures far exceeded those recorded for the first quarter of 2002. However, at SKr640m (SKr655m), sales ...

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