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smurfit stone container 2007_AR_Final
This annual report from Smurfit-Stone Container Corporation discusses the company's financial highlights and business strategy for 2007. Some key points include: - Net sales increased 3.7% to $7.42 billion while losses from continuing operations decreased to $103 million from $70 million in 2006. - The containerboard, corrugated containers, and reclamation segment profit increased 16% to $604 million in 2007. - The company invested $384 million in upgrading equipment in 2007 and expects to invest another $400 million in 2008 to modernize operations. - The CEO discusses how the company has improved financial flexibility by reducing debt by $1.2 billion in the past two years and
