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Pinnacle’s quarterly result impaired by lower margins

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Published in issue 48/2018
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Although the Canadian pellet producer Pinnacle Renewable Energy Group Inc. of Vancouver, British Columbia, recorded an increase of 6.4 % in sales revenue for the third quarter 2018 to 87.6m CAD (July-Sept. 2017: 82.4m CAD), adjusted EBITDA fell by almost 14 % to 14.5m CAD (16.8m CAD) compared to the corresponding ...

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