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US business reduces Jefferson Smurfit’s profits

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Published in issue 9/2002
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The Irish Jefferson Smurfit Group (JSG), too, has suffered the effects of the weakness in the US economy in 2001. With sales at the previous year’s level (2001: €4.5bn, 2000: €4.6bn), net profits fell from €242m in 2000 to €168m. Operating profit tumbled from €721m to €565m. The company attributes this ...

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