Polymer reports third quarter results of operations

Engineered materials company Polymer has reported results of operations for the third quarter ended 2 October 2010.

Net sales were $297.4m (£185.8m) compared with sales from continuing operations of $223m in the third quarter of 2009 and net sales of $289.7m for the previous quarter.

Volume gains in Europe, US, Asia and Latin America were especially strong, with Spain continuing to generate results better thananticipated.

Higher selling prices reflected the pass-through of higher raw material costs and increased medical sales.