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M-real: dip in results due to declining demand

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Published in issue 34/2002
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In the second quarter of 2002 Finnish M-real recorded a slump in earnings due to an unexpectedly sharp downturn of demand. Its operating profit plummeted to €57.7m, down from €118.8m in the previous quarter. The decline concerned all of its paper business areas. According to M-real, the main reasons for this ...

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