Global sales rise 11.8% in 2004

摘要

The global forest and paper industry increased sales and cash flow last year,and its return on capital employed averaged 5.5% in 2004 from 4.2% in 2003,according to PricewaterhouseCoopers' eighth annual Global Forest and Paper Industry Survey released July 13.Total global industry sales rose 11.8% in 2004 to US340 billion,PwC said.Cash flow generated from operations increased 25.2% to US36 billion.