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Norske Skog: 2003 brought 27% drop in results

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Published in issue 9/2004
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In spite of an increase in sales during the past business year Lysaker/Norway-based Norske Skog Industrier SAS had to post a 27% drop of the operating profit to NKr1.401bn (2002: 1.906bn). Of decisive importance were lower sales prices related to the Norwegian krone as well as to several other currencies. Last year, ...

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