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James River: turnaround in the 1995 financial year

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Published in issue 35/1996
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Concentration on core business and cost-cutting plan pay off In the 1995 financial year, the Richmond-based American James River group, finally achieved a turnaround. After losses of US$13m in the previous year, the company was able to post profits of US$126.4m. Sales were up 25%, rising from US$5.4bn in 1994 to ...

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