Ratings agency’s report says European
paper companies should look to nonpaper operations and emerging markets to
drive long-term growth and protect profits
MOODY’s released a "special
comment" report on Thursday saying European paper companies could
safeguard growth and profits by diversifying away from paper markets.
The ratings agency said despite declining
paper volumes, diversification would enable European paper and forest-product
companies to restore long-term profitability and strengthen their credit
profiles.
