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Portucel cut costs and achieved turnround

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Published in issue 30/1997
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Portugal's eucalyptus pulp specialist Portucel reported a strong increase in its earnings for the first half of the year. The company recorded net profits of Esc752m, compared to a net loss of Esc2.9bn in the same period of last year. Sales for the six months rose 15% to Esc26.2bn, and operating results improved to a ...

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