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VCP posts record profit for 2003

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Published in issue 8/2004
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Brazilian pulp and paper company Votorantim Celulose e Papel (VCP) has reported the best profits in its company history for 2003. According to the company, net income in accordance with US-GAAP amounted to $244m, sky-rocketing by 250% from $69m last year. Sales and EBITDA soared to $816m ($609m) and $340m ($229m) ...

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