S&B Industrial Minerals posted a 2.1% increase in profit for the third quarter of 2011 driven by the recovery of its bauxite business, the Greek-based group said.
The company, which also produces bentonite and perlite, reported an operating profit of €12.44m. ($17.2m.) compared with €12.18m. in the same period of 2010. Sales rose 2.7% to €114.33m.
The bauxite division...