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17 Mar
00:00

Greek producer sees weak euro, new export markets boosting sales in 2015

Greek steelmaker Sidenor expects the euro depreciation against the dollar, recently carried out investments into production and the expansion of its activities into new geographical markets to boost its performance in 2015. Consolidated net sales in 2014 inched up 2% year-on-year to €822.14 million ($869.45m), but the company still recorded a net loss of €55.6m, although this narrowed 36%. Its steel construction products segment brought in €64…
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