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Rona results plunge in first quarter of this year

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Published in issue 21/2011
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The Canadian DIY group Rona Inc. of Boucherville, Québec, showed a year-on-year decline in EBITDA of 77% to Can$8.1m (Jan.-March 2010: 34.8m) in the first quarter of 2011. The operating result, at minus Can$19.6m (+8.2m), slipped into the red. At the same time, the group sustained a year-on-year fall in turnover of ...

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