October 16, 2012 / 6:11 AM / 5 years ago

BRIEF-GKN says Q3 helped by automotive demand in U.S., China

LONDON, Oct 16 (Reuters) - GKN PLC : * Demand has remained broadly in line with expectations * More challenging European automotive and industrial markets offset by strong

automotive demand in the US and China * Group sales in the three months ended 30 September totalled £1,608 million,

up 8% * Q4 anticipated to show usual seasonal improvement, although softening markets

are expected to have some impact * Q3trading profit increased slightly to £114 million (2011: £113 million)

although trading margin reduced to 7.1%

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below