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EnPro Industries sees Q4 sales to be the same as 4Q12

The company said, “In comparison to 4Q12, activity in certain of our European markets appears to be increasing modestly and demand at our businesses that serve certain original equipment markets in North America also appears to be slightly better than a year ago. In our U.S. government markets, we expect demand for aftermarket parts and services to remain low. In this environment, we expect our total Q4 sales to be about the same as in 4Q12, but operating profits are likely to reflect a higher portion of our sales into original equipment markets, where margins tend to be lower. As a result of these factors, our segment profits may decline in comparison to the Q4 of last year.”