Iberpapel reports slight drop in first quarter profits

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Spanish Grupo Iberpapel S.A. in the first quarter 2003 witnessed an increase in net sales of 24.29% from €37.43m in the same period last year to €46.52m. Profits, on the other hand, slightly edged down by 2.5% from €4.2m to €4.09m. Iberpapel mainly attributes the decrease to the unfavourable market climate in ...

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