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Lassila & Tikanoja‘s earnings fall 36 per cent despite increased net revenues

Environmental services helped by strong processed volume growth

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(FIN) – Lassila & Tikanoja (L&T) was able to boost net sales by 9 per cent in 2011, but cost pressures cut into profitability, narrowing margins and depressing earnings, according to the Finnish environmental management company’s annual report released on 23 February. Net sales rose 9 per cent to €652.1m on the ...

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