Hexpol reports best-ever quarter

ERJ staff report (DS)

Stockholm - World's biggest rubber compounder Hexpol reported its best-ever quarter, as sales rose 20 percent to SEK 2142 million (euro 241 million) from SEK 179 million a year ago.

Operating profit and operating margin also increased strongly

”Sales in NAFTA remained strong, where particularly our operations in Mexico displayed strong sales increases. The picture in Europe was more diverse, but the focus of our sales was is in Central and Eastern Europe, where sales were strong. Operating profit improved significantly to 272 MSEK (210), up 30 per cent,” said Georg Brunstam, President and CEO.

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Press release from Hexpol