SCA: Quarterly profit down by half due to lower prices

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For Swedish forestry and paper company SCA, a 6 per cent decline in first-quarter sales to SEK4.793m was a mild downturn compared to the 46 per cent plunge in operating profit to SEK628m. The net result of SEK341m in the first three months of 2020 was similarly weak, down by 47 per cent compared to the same period of ...

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