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Steico posts a decline in third-quarter earnings

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Published in issue 44/2014
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Steico SE, headquartered in Feldkirchen, Germany, has booked lower third-quarter earnings in the wake of the pressure on margins caused by a significant increase in wood-fibre insulating material capacity. With revenues climbing again by 10.8 % to €47.3m (July-Sept. 2013: 42.7m), EBITDA dropped 15.8 % compared with ...

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