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Metsä-Serla expects lower results in 1999 despite better prospects

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Published in issue 33/1999
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Profitability was weakened by lower selling prices Finnish Metsä-Serla recorded lower results in the first half of 1999 than in the first half of 1998; its net profits dropped from EUR43m to EUR65m. Between January and June this year the company generated operating profits of EUR146m (EUR220m), which was equivalent ...

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