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UFP posts reduction in sales and a loss in first quarter 2011

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Published in issue 26/2011
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The US wood group Universal Forest Products (UFP) of Grand Rapids, Michigan, had to put up with a 1.5% reduction in sales revenue to approximately $387.2m (Jan.-March 2010: $393m) in the first quarter 2011. The operating result and net result remained negative at -$5.1m (+$3m) and -$3.7m (+$1m) respectively. UFP ...

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