Ence: Revenue improved in second quarter 2002

In the first half of 2002, the Spanish forestry and pulp group Ence S.A. of Madrid generated sales of €246.2m, 2 % more than in the year before. EBITDA fell by 37 % to €46.1m, EBIT dropped by 51 % to €27.1m and profit after tax was €9.5m, 62 % lower than in the previous year. The fall in profit is due only to ...

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