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Shredder manufacturer cuts losses in 1996/97

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(D) - While Schleicher & Co. International AG (SI AG) from Markdorf, a German manufacturer of office shredder equipment, is in better shape than it was last year, its situation continues to be difficult. Losses for the financial year 1996-97 ended 31 March 1997 amounted to only DM5.1m, a clear improvement over the ...

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