Further Decline in Turnover at Sonae Indústria/ Glunz
The wood-based panel manufacturer Sonae Indústria, owner of the German company Glunz AG, registered further declines in turnover in the second quarter. The turnover between April and June was € 325 million, 6% less than in the first quarter and 31% less than in the second quarter of 2008. Sales declined by 3%. In the first half year, the turnover was lower by 30% than it was during the first half of 2008.
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