Portucel's year net profit falls 14.9%
Feb 17, 2009. Portuguese paper and pulp maker Portucel reported a lower than forecast 14.9% drop in its annual net profit to Euro 131.1 million. Portucel said revenue fell 1.3% to Euro 1.131 billion, misssing the average estimate of Euro 1.134 billion.
Feb 17, 2009. /Lesprom Network/. Portuguese paper and pulp maker Portucel reported a lower than forecast 14.9% drop in its annual net profit to Euro 131.1 million, as Reuters agency informed Lesprom Network.
Portucel said revenue fell 1.3% to Euro 1.131 billion, misssing the average estimate of Euro 1.134 billion. Earnings before interest, taxes, depreciation and amortisation fell 20% to Euro 272 million.