Interpump says Q4 net profit 9.1 mln euros

MILAN Fri Feb 14, 2014 8:31am EST

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MILAN Feb 14 (Reuters) - Italian hydraulic pump producer Interpump said on Friday it made 9.1 million euros ($12.4 million) in net profit in the fourth quarter of 2013, slightly lower than the same period in the previous year.

The company said fourth-quarter profit of 10.6 million euros in the fourth quarter of 2012 had included non-recurring tax benefits.

Interpump, whose high-pressure water pumps can cut through steel, said fourth-quarter net sales rose 14.3 percent to 139 million euros.

($1 = 0.7317 euros) (Reporting by Isla Binnie, editing by Danilo Masoni)


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