S&B’s industrial minerals profit despite Greek economic woes

By John Ollett
Published: Wednesday, 08 August 2012

Outlook points to weak second half in cars, construction, and steel

Sales and profits increased for Greek miner S&B Industrial Minerals this quarter in spite of the Eurozone crisis and economic collapse in Greece.

The bauxite, bentonite, and perlite producer saw a jump of 40% in net profits to €8.8m ($6.95m) and a 3% rise in sales to €114m ($90m)...

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