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Masisa: Higher costs put pressure on earnings

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Published in issue 12/2012
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The Chilean wood-based panels group Maderas y Sinteticos S.A. (Masisa), headquartered in Santiago des Chile, had to put up with a 3% fall in EBITDA to US$36.7m (Oct.-Dec. 2010: 37.9m) in its Industrial business unit in the fourth quarter of last year. The group blames this decline primarily on a weak trend in results ...

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