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Scholz posted leap in profits during 2004

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(D) – The ferrous scrap industry’s best year to date positively affected the German scrap recycler Scholz AG’s balance sheet in 2004. The company almost doubled earnings from ordinary activities from €8.5m in 2003 to €16.3m in 2004. Although net profits fell from €8.4m to €7.4m, the decrease was due to ...

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