Minneapolis, Minnesota – US polyurethane machinery maker Graco has reported a sales increase of 5% for both Q3 and 2015 to date at $19m (EUR 16.7) and $960.9m respectively.
Graco's president and ceo Patrick McHale said the Americas “continued its solid performance” with contributions from both the contractor and industrial segments, while the EMEA and Asia Pacific regions grew at a low single digit pace.
He added that “every region of the world achieved constant currency organic sales growth in the third quarter.”
He said “overall profitability was solid" and the company expects a “full-year headwind of approximately 5% on sales and 11% on earnings in 2015.”
XE Currency conversion: 22 October 2015