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Stora Enso back in profit with shift from news to food

2015-02-04 23:13:37| Paper - Topix.net

Finnish paper manufacturer Stora Enso announced Wednesday a return to profit as the group shifted from declining printing paper sales to food packaging. The group made a profit of 99 million euros in 2014 -- compared to a loss of 53 million euros a year earlier -- despite a 3 percent fall in turnover to 10.21 billion euros.

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