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MoDo's profits fell in the first quarter

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Published in issue 21/1996
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As a consequence of lower sales volumes and prices as well as as higher production costs net profits for the first quarter of Swedish forest products group MoDo declined to SKr583m from SKr912m in the same period one year ago. Group sales reduced to SKr5.23bn (1995: SKr5.67bn), and operating profits amounted to ...

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