UPDATE 3-Acquisitions help Tomkins offset weak auto market

Newswire

(Updates shares, adds CEO comments) By Michael Smith LONDON, Nov 23 (Reuters) - British engineering firm Tomkins Plc reported a forecast-beating 11 percent rise in underlying third-quarter earnings on Wednesday after revenue from new acquisitions helped offset a slowing U.S. automotive market. Tomkins, which sells parts used in car engines and air conditioners, also said it expected to meet current year market expectations despite slowing production at U.S. auto giants Ford Motor Co. ...

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