Vida‘s operating result plunges by 62%

The Swedish timber concern Vida AB, Alvesta, showed a decline in operating result in the 2011 business year of roughly 62% to SKR88.26m (2010: 248.32m), while the net result, at roughly SKR50.2m (220.8m), was down year on year by 77%. The significantly weaker results were accounted for by collapses in the business ...

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