Freudenberg’s FY 2018 net profit down 15.1% y/y to USD632.7 million

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Sales up 1.7% y/y

Germany-based Freudenberg has reported a 15.1% year-on-year (y/y) decline in net profit to EUR553.2 million (USD632.7 million) for the fiscal year ended 31 December 2018, according to a company press release on 10 April

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