Hexpol marks ‘best year ever’

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MALMO, Sweden — Hexpol A.B. has posted what it claims is its best year so far in terms of financial results.

In 2017, group sales rose 12 percent year-on-year to $1.5 billion, while operating profit increased 3 percent to just under $253.2 million, Hexpol said Feb. 2.

These results were posted during a fourth quarter that faced “continued raw materials price pressure” as well as a 3.5 percent decline in operating profit to $59.1 million, compared to the same quarter in 2016.

Read the source article at Rubber and Plastics News