http://listofcompanies.co.in/sequana/
In
the first quarter of 2013, the recession in Europe coupled with a weak global
economy in general continued to accentuate the structural decline in demand for
printing and writing papers against a backdrop of strong downward pressure on
selling prices. First-quarter volumes declined by 10% in distribution and by 6%
in production. Consolidated sales came in at €892 million, down 9.4% (down 8.4%
at constant exchange rates) year-on-year.
Arjowiggins'
sales were €324 million, down 10.8% on first-quarter 2012, or 9.8% at constant
exchange rates.
This
decline was attributable mainly to falling volumes for printing and writing
papers in Europe amid strong downward pressure on selling prices. Demand held
up better for recycled paper in most countries, along with recycled pulp and
most of the specialty businesses.
