Pfleiderer Reports Third Quarter Profit

Neumarkt, Germany, Dec. 21, 2011 -- Pfleiderer said it continued to grow its revenue and operating income in the third quarter. 

The group posted an after-tax profit of 1.6 million euros for the period of July to September.

Group revenue at 297.5 million euros in the third quarter was up 5% from the previous year's figure despite the closure of three plants in Germany.

The company said that revenue in the first nine months of 2011 increased to 892.8 million euros, up 7.8% from the previous year.
 
The company plans to sell its North American operations.