Lecta reduces CWF production by more than 15%

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Lecta reduces CWF production by more than 15%

Wednesday, June 04, 2008

Press release from the issuing company

June 3, 2008 -- Lecta, the second largest coated fine paper manufacturer in Europe has announced that it is reducing CWF production at its mills by over 15% during the months of May, June, July and August.

Strong ongoing cost increases, coupled with current market demand, has forced the Group to take this decision in order to adjust its production to current order entry levels.

Lecta’s Commercial Organizations will be informing customers shortly to ensure that the shutdowns do not affect customer service levels.

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