STOCKHOLM, Sweden (Oct. 27, 2009)—Hexpol A.B., the Swedish-based compounding and rubber gasket maker, saw higher profits despite an 18-percent decline in sales for the third quarter ended September 2009.
The company said net sales for the quarter amounted to $93.8 million, while operating profits fell slightly. After-tax profits rose 19.1 percent to $8.17 million.