Summary
TULLIS Russell, the Scottish papermaker, has posted a respectable trading performance in a very difficult market, while significantly improving its cash position.
Fred Bowden, chief executive, said he remains "cautiously optimistic' about the future of the employee-owned firm, despite continuing weak demand and rising pulp prices.See the full content of this document
Extract
Tullis Makes Good Showing in Tough Market Conditions
Fife-based Tullis yesterday revealed that underlying profits fell to (pounds) 4.3m in the year ...
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