Hexpol profits dip despite higher sales

Malmo, Sweden – Hexpol AB has posted a 1% year-on-year drop in operating profit, to SEK470 million (€47.1 million), on third quarter sales 7% higher at SEK2,936 million.

hexpol-q3-2017Currency effects, particularly a weaker US dollar, impacted both on sales and profits over the three-month period to 30 Sept, the Swedish rubber group reported 26 Oct.

Sales growth, adjusted for currency effects and acquisitions, grew 4% during the three months, compared to…

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