Bulten reported net sales for Quarter 3 at SEK 593 million (64 million euros), up 36.2% on the same period last year.
Net sales for the first nine months of 2014 totalled SEK 1,793 million (193.5 million euros) up 34.4% on the corresponding period in 2013. Earnings (EBIT) for the nine months were SEK 95 million (compared with SEK 79 million same period 2013), corresponding to an operating margin of 5.3% (2013: 5.9%).
President and CEO, Tommy Andersson, commented: “Bulten has continued its fast growth and gained market shares in Q3 with a sales increase of 36%. In a short time we have successfully managed to handle a significant volume increase in primarily Full Service Provider (FSP) business – with highly satisfied customers and increased confidence in Bulten within the international automotive industry as a result.”(…)
