Torraspapel increases profits by around 50%

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The Spanish fine paper and specialty paper manufacturer Torraspapel S.A. increased its profits by around 50% in its 1998 financial year up to Pta6.1bn. Sales were up 5.5% on the previous year at Pta108.5bn. Sales increased despite the fact that 1998 was not a particularly good year for the paper industry, the company ...

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