Hexpol gains in first half despite currency swings

Malmo, Sweden – Hexpol AB has registered growth in the first half of 2018, thanks to higher volumes and selling prices.

In the six months to end of June, the Swedish rubber group posted a 6% increase in sales to SEK 6.77 billion (€656 million).  Exchange rate fluctuations, particularly weaker US dollar against Euro, had a negative impact of SEK 117 million on revenue.

Despite currency swings, volume development remained positive and the sales growth adjusted for currency effects amounted to 8%, announced Hexpol 18 July.

Hexpol also attributed…

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