Lower Ence turnover in spite of higher sales

For the first half of 2004, Madrid-based Spanish forest and chemical pulp group Ence had to post a 2.6% drop in turnover to €251.2m (Jan.-June 2003: 257.9m), in spite of a 4.3% increase in chemical pulp sales to 513,190ton (492,230). On the group level, the EBITDA improved by 25% to €63.7m (51m) and the EBIT ...

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