HEXPOL’s annual report for 2011 published
HEXPOL’s annual report for 2011 has today been published on our website www.hexpol.com and is under distribution to the Group’s shareholders.
Georg Brunstam, HEXPOL’s President and CEO, comments the year in the annual report:
- 2011 was the best year ever - so far, for HEXPOL Group. Our sales rose by a healthy 89 percent to 7,197 MSEK (3,798). We increased our earnings per share by 72 percent to 18.63 SEK (10.83).
- Operating profit rose sharply to 895 MSEK (460). Our operating cash flow remained strong, as previous years, amounting to healthy 911 MSEK (506).
- The acquired Excel Polymers Group was successfully integrated with greater synergies, and achieved more rapidly, than expected.
The annual report can be downloaded from the website, www.hexpol.com. The website also provides information on giving notice of intention to attend HEXPOL’s AGM on May 4. Printed copies of the annual report can be ordered via HEXPOL’s communication department at info@hexpol.com.
For further information please contact:
Urban Ottosson, CFO/IR, 46 (0) 767 855 144
HEXPOL is a world-leading polymers group with strong global positions in advanced rubber compounds (Compounding), gaskets for plate heat exchangers (Gaskets) and wheels made of plastic and rubber materials for truck and castor wheel application (Wheels).Customers are primarily OEM manufacturers of plate heat exchangers and trucks, global systems suppliers to the automotive industry- and engineering industry and the medical technology industry. The Group is organised in two business areas, HEXPOL Compounding and HEXPOL Engineered Products. HEXPOL's sales in 2011 amounted to 7,197 MSEK. The HEXPOL Group has approximately 3,000 employees in ten countries. Read more at www.hexpol.com.
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