Pfleiderer turnover down by one fifth in 2009

Group turnover at the German wood-based panels manufacturer Pfleiderer AG, headquartered in Neumarkt, declined last year by 20.4 % to €1.382bn (2008: 1.736bn). The company reports that roughly 10 % of this decrease in revenues was accounted for by lower sales volumes, 7 % by lower prices and 3 % by currency-exchange ...

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