date:Sep 18, 2012
Spartech Corporation has recorded a 10% decrease in sales in its Packaging Technologies segment in its third financial quarter (Q3), but said it would continue to shift its product mix towards more specialized and higher margin products.
Net sales were $58.4m for the three months ended 4 August, representing a 3% decrease from price/mix and a 7% decrease in underlying volumes when compared to the same period in 2011.
Sales volume to the food and consumer packaging market was up slightly, but