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Mead reports decline in sales and profit

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Published in issue 11/1997
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Mead Corporation, the Dayton, USA based manufacturer of paper and board also recorded declining sales and profits in 1996. The net income for the year decreased to US$195.3m (1995: US$350m). Annual sales amounted to US$4.71bn (US$5.18bn). Although the company succeeded in generating higher sales in many areas, total ...

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