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Lydall remains focused on opportunities

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Lydall, Inc. has announced financial results for the third quarter and nine months ended 30th September 2009.

Net sales for the third quarter of 2009 were $66.1m, compared to $71.1m for the third quarter of 2008.

Excluding the impact of foreign currency translation, net sales decreased by $3.9m, or 5.5% compared to 2008.

Loss from continuing operations was ($0.3)m, or ($.02) per diluted share, compared to income from continuing operations of $1.7m, or $.10 per diluted share in the third quarter of 2008.

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