Wednesday 28 November 2012

Sonae Industries Suffers Due To Knowsley Closure In UK


The closure of its particleboard mill in Knowsley in the UK in mid-September placed an additional burden on earnings reported by Sonae Industria, which were already on the decline. According to its interim report for the third quarter, released on 16 November 2012, Sonae Industria booked value adjustments of €41m in connection with the divestment.

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