Savings pay off as MTI boosts earnings
Published: Friday, 04 November 2016
Some key end markets such as oil and gas and steelmaking remained sluggish and affected overall sales, but the company saw improvement in earnings in Q3.
US-headquartered Mineral Technologies Inc.
(MTI) reported growth in earnings in the third quarter of 2016,
albeit total sales were down due to weakness in end markets
including oil and gas and steel.
The NYSE-listed diversified industrials producer reported an
improvement in margins in the latest financial quarter although
total sales continued...