Sales and Profits up at Watson Marlow

At the first half of 2016, earnings within our Steam Specialties business were up 4 pushed by a greater volume of sales in Latin America, especially in Korea and China, and Asia Pacific. M&M Italy which happened in July 2015’s purchase reduced sales. The operating profit margin in our Steam Specialties company was greater at 21.3% organically, compared with 19.2 percent at the first half of this past year, as a result of continuing overhead cost management, lower material costs, the advantages of the steps taken at the first half…

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