Pfleiderer’s Western European unit came close to maintaining sales in 2011

€110m in investments to be financed from cash flow

Preliminary figures show that Neumarkt, Germany-based Pfleiderer AG’s Western Europe business centre booked almost steady revenues of €689m in 2011, coming in much higher than expected. The business centre did so despite having closed three mills in Gschwend, Ebersdorf-Friesau and Nidda, all in Germany. A decrease ...

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