Savings pay off as MTI boosts earnings

By Davide Ghilotti
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...

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