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European activities make dent into Formica’s income

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Published in issue 38/2016
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An unsatisfactory trend in earnings on European markets again adversely affected the earnings of the laminate producer Formica Corp., based in Cincinnati, Ohio, in its 2015/2016 financial year (30 June). While Formica improved its North American EBIT by 14% to NZD56m (2014/2015: 49m) and delivered a 21% growth to ...

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