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Reno De Medici reduced pre-tax loss in 2004

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Published in issue 9/2005
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Rationalisation measures introduced in the second half of 2003 have enabled the Italian board manufacturer Reno De Medici (RDM) to considerably reduce its pre-tax loss in 2004 to €10.68m (2003: -€99.50m). However, sales fell 13% against the business year 2003 to €471m (2003: €542m). The company attributes the ...

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