Q3 sales rise at ElringKlinger, profits ease

ERJ staff report (DS)

Dettingen / Erms, Germany — Automotive gasket supplier, ElringKlinger Group managed to improve sales by 11.3 percent to EUR 849.6 (763.2) million in the first nine months of 2012. In the third quarter of 2012, sales revenue grew by 5.8 percent, reaching EUR 279.8 (264.4) million overall.

EBIT contracted by 8.3 percent year on year in the first nine months of 2012, taking the figure to EUR 111.6 (121.7) million. In the third quarter of 2012, EBIT amounted to EUR 36.0…

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