Semperit Exceeds Forecasts

IndustrialsChemicals ♦ Published: November 15, 2011; 11:05 ♦ (Vindobona)

In the first nine months, the Austrian manufacturer of synthetic products was able to raise sales by 20.6% to € 626.2m. Profits increased by 18.7%.

Semperit Exceeds Forecasts / Picture: ©

In the first three quarters of 2011 the Semperit Group with its two sectors Medical (Sempermed) and Industrial (Semperflex, Semperform and Sempertrans) increased sales 20.6% compared to the same period last year to € 626.2m. In the Medical sector sales rose 16.5% to € 285.7m, and in the Industrial sector 24.3% to € 340.5m respectively. The growth in sales is due to price and…