Höganäs makes a strong start in 2008

May 5, 2008

Hoganas AB, the Swedish-based iron powder producer, has reported first quarter pretax profits of SEK191million, a rise of 11 percent on the same period last year, with volumes growth rising 5%. Market expectations were for a first quarter pretax profit of SEK144million. ‘Apart from volume growth, the higher turnover was due to price increases over and above metal price-related price adjustments,’ stated Höganäs

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