Q3 sales increased by 1.8% (+7.5% at constant $ and +4.1% lfl) and operating profit by 20.3%. Operating cash flow was $74m (18.7% of sales) and capex $12.2m. $230m of shares were repurchased as part of the $400m share repurchase programme announced in July 2015.
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Strong increase in profitability
Q3 sales increased by 1.8% (+7.5% at constant $ and +4.1% lfl) and operating profit by 20.3%. Operating cash flow was $74m (18.7% of sales) and capex $12.2m. $230m of shares were repurchased as part of the $400m share repurchase programme announced in July 2015.