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Neenah Sales Down 10% in First Quarter

Neenah Paper Inc. (NYSE: NP), Alphareta, Georgia, reported sales for the first quarter of $239.7 million, a decrease of 10% compared to the same period a year ago. Profit decreased 27.2% to $11.8 million.

Technical products sales were $140 million in the first quarter, a decrease of 8.8% compared to the same period a year ago. Fine paper sales decreased 10.7% to $99.7 million.

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