Semperit sales fall on poor hose volumes

ERJ staff report (DS)

Vienna, Austria – Sales at the Semperit group in the nine months to September 2012 declined by 1.7 percent to euro 615.5 million. The company said this was due to the European downturn and specifically volume effects in the Semperflex segment for industrial hoses and elastomer sheeting. Earnings fell by 5 percent in the period.

In the Sempermed segment, volumes for examination and surgical gloves increased. Semperflex’s Hydraulic Hoses business unit was able to maintain the volume it achieved in the economically…

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