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Barbosa e Almeida: loss in first-quarter

Barbosa e Almeida of Portugal made a loss of Esc 171 million in the first quarter of 2000. The company said losses reflected higher fuel costs and reduced cashflow due to increased competition. Rebuil…

Barbosa e Almeida of Portugal made a loss of Esc 171 million in the first quarter of 2000. The company said losses reflected higher fuel costs and reduced cashflow due to increased competition. Rebuilding of one of Spanish subsidiary Vilesa“s furnaces resulted in cut production.

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