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Holmen: 2003 a clearly weaker business year

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Published in issue 9/2004
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Last year, the operating profit of Stockholm-based Swedish forestry group Holmen AB slumped by roughly 14% to SKr2.338bn (2002: 2.713bn) and the net profit of SKr1.451bn (1.959bn) was about 26% lower even than one year ago. However, widely differing developments are discernible upon reviewing the individual divisions. ...

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